In the face of a potential stock market downside risk, stocks showed signs of resilience as both the S&P 500 and Nasdaq Composite aimed to extend their weekly winning streaks. Additionally, durable goods orders exceeded expectations, providing a boost to investor confidence.

However, the continuous copper contract on NYMEX experienced a downtrend, slipping 0.8% to $4.7525 per pound. This marks the third consecutive session that copper has traded lower, reflecting a shift in investor sentiment towards the metal.