I think not the one nor the other.
According to Psalm 75:3 the earth stands on pillars, according to science the earth does not. How do you want me to weigh the validity and accuracy of this scientific interpretation through the the lens of Confessional statements?
This passage agrees with WCF 5 that God upholds all things--even creatures as great as the whole earth--by His providence. Everything, including the earth itself, is held in and controlled by His hand.