Equity indexes attempt to recover from early session pressure. Despite a brief move into positive territory, the Nasdaq and S&P 500 futures remain under watch following a second straight day of downward momentum. Key economic indicators are providing a mixed backdrop, with the Case-Shiller Home Price index and Chicago PMI both exceeding market expectations, signaling resilience in certain sectors of the U.S. economy. Investors are closely monitoring the release of the FOMC minutes today at 2 p.m. Eastern Time. The minutes are expected to provide critical insights into the internal debates regarding interest rate policy, specifically focusing on the recent 25 basis point cut and the reasons behind the dissenting votes. We also examine the stabilization of gold and silver prices following recent selloffs and the potential impact of global geopolitical commentary on market sentiment.
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