CME Group Inc. Cl A closed 6.71% below its 52-week high of $249.02, which the company achieved on December 5th.
CME Group Inc. Cl A closed $19.57 below its 52-week high ($249.02), which the company reached on December 5th.
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as Wall Street weighed the CPI's implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase and Goldman Sachs.
Deutsche Bank raised the firm’s price target on CME Group (CME) to $245 from $226 and keeps a Hold rating on the shares as part of a 2025
The December employment report is due this morning. Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The S&P 500 Trump-election rally has all but vanished, and the bitcoin price is near a two-month low as markets now see just one Federal Reserve rate cut this year.
Investors are also turning to derivatives, such as CME Group’s S&P 500-equal weight futures, to bet on the S&P while hedging against a sharp drop in tech stocks. The contract, which launched in February, has averaged open interest of 16,500 contracts this month, worth about $2.4bn.
Seven of the S&P 500's 11 sectors are expected to achieve cumulative year-over-year growth in normalized earnings per share among their constituent companies in fourth quarter 2024 earnings
SPMO has shown resilience during the recent downturn, thanks to its high exposure to financial stocks. Click here to find out why SPMO ETF is a Hold.
At 6:52 a.m. ET, Dow E-minis were down 89 points, or 0.20%, S&P 500 E-minis were up 17.75 points, or 0.30% and Nasdaq 100 E-minis were up 106.25 points, or 0.50%.
Just a year ago, the S&P 500 (^GSPC-0.21%) confirmed its presence in a bull market and went on to reach multiple record highs throughout 2024. Optimism about a lower interest rate environment ...
Traders still see just a 3% chance that the Fed lowers rates in January, per the CME FedWatch Tool. They remain split on whether a cut will come in the back half of this year, with odds of easing ...