The major indices are unable to gain in momentum as eight of the ten sectors remain in the red.
CME Group (CME 475.48, -48.02), operator of the Chicago Mercantile Exchange, is facing some notable selling interest after reporting earnings that failed to meet expectations. A 25% year over year increase in revenue and earnings of $4.67 per share was not enough to meet Wall Street's expectation of $4.80 per share. As a result, the firm's shares are down 9.2%.
Shares of Nymex (NMX) are falling in conjunction of CME, as under the previously announced acquisition each share of Nymex will be worth 0.1323 shares of CME.
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