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.
CME Group CME has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 6, 2025, was $225.82, down 9.3% from its 52-week high of $249.
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
CME Group, Inc. operates a derivatives marketplace, which offers a range of futures and options products for risk management. Its exchanges offer a range of global benchmark products across all ...
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.