🟢 Space Industry ETF (RCKT.AX) is trading 3.9% up with no specific rebound cause established

RCKT.AX is trading at A$9.25 (+3.93%), with no specific cause established for its October 16 rebound.

• A reported Blue Origin New Glenn hotfire-test anomaly on October 15 rattled space stocks; the prior-session report said Rocket Lab fell 7.5% and AST SpaceMobile 16%.
• Hotter U.S. inflation renewed Fed-hike concerns, potentially weighing on space and technology names. RCKT has substantial exposure to SpaceX, Rocket Lab and other space companies.