Sector Update: Financial Shares Higher Ahead of Housing Data

By Staff,

Shutterstock photo

Top Financial Shares:

JPM: +0.17%

BAC: -0.06%

WFC: flat

C: -0.43%

USB: +0.33%

Financial shares were generally higher ahead of data on new-home sales and after little major news over the weekend.

In financial stocks news, CME Group ( CME ) shares were steady in pre-market trade at $74.86 after the financial products company experienced a trading halt caused by a glitch in very early trading, according to several media reports.

CME trades in a 52-week range of $64.44 to $84.71.

And, China Housing & Land Development, Inc. ( CHLN ), a developer of residential and commercial properties in northwest China, said it has approved a "going private" transaction designed to eliminate CHLN's status as a public company in the U.S.

CHLN was flat at $1.71 in pre-market trade.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: CME , CHLN

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