US equities look to recover a little after a rough few days

US equities are beginning to show signs of recovery following a tough few days. Tech stocks were hit hard by Amazon's earnings report, leading to significant pre-market losses. However, a rebound has lifted S&P 500 futures up by 0.5% after a nearly 1% dip earlier. The NASDAQ futures have increased by 0.7%, indicating a renewed interest in tech shares. Key players like Microsoft and Palantir have seen increases of 1.6% and over 5% respectively in pre-market trading. The S&P 500 tested its 100-day moving average yesterday, with the last similar occurrence in November raising hopes of a dip-buying scenario. If the NASDAQ continues to show weakness below its own 100-day moving average, a further decline could impact broader risk sentiment negatively. Overall, while there is a slight bounce in the market, investor caution remains high as the week comes to a close.