逢低买盘力量减弱，美股指期货下挫，现货黄金重回4000美元关口，美债走高

Core Viewpoint - Market sentiment remains cautious due to concerns over high valuations in technology stocks, despite strong corporate earnings and optimistic economic data being largely priced in [1] Market Performance - US stock index futures declined collectively, with S&P 500 futures down 0.15%, Nasdaq 100 futures down 0.26%, and Dow Jones futures down 0.11% [2][4] - European stock indices opened lower, with the Euro Stoxx 50 down 0.3%, German DAX down 0.2%, UK FTSE 100 down 0.1%, and French CAC 40 down 0.4% [4] - Asian stock markets showed mixed results, with Japan's Nikkei 225 index rising 1.19% [2][3] Economic Indicators - The market has absorbed stronger-than-expected US ISM services index and ADP employment data, contributing to the decline in US stock index futures [1] - The 10-year US Treasury yield decreased by 2 basis points to 4.14% [4] Commodity Prices - Spot gold prices rose by 0.73%, surpassing $4000 per ounce, closing at $4008.12 [3][4] - WTI crude oil increased by 0.62%, reaching $59.97 per barrel [4] Investor Sentiment - Investors are showing caution towards artificial intelligence semiconductor stocks, with some still looking to buy despite the prevailing concerns [1] - Market focus is on the Supreme Court's stance regarding Trump's tariffs, which is seen as a significant test of presidential power [1]