Sector Update: Financial Shares Higher Ahead of Housing Data


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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.

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This article appears in: Investing , Commodities
More Headlines for: CME , CHLN

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