Stock index futures remain relatively stable as market participants digest mixed economic data from Europe and historic moves in the commodities sector. While German business sentiment disappointed with a lower Ifo index print, precious metals have entered a parabolic phase, with gold surpassing $5,000 and silver climbing above $110 for the first time in history. U.S. Treasury yields are trending lower across the curve, further supporting the rally in hard assets. Looking ahead, the market is bracing for a heavy schedule of U.S. Treasury auctions and a significant wave of corporate earnings from industry leaders like Boeing, UnitedHealth, and UPS. Investors should also monitor upcoming domestic housing data and consumer confidence reports for further clarity on the economic trajectory.
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