Dow futures reached a third consecutive intraday record of 50,398, though the Nasdaq-100 and S&P remained near the flatline. Retail Sales for December were flat, missing expectations of a 0.4% rise, which weighed on shares of major retailers. In the equity options space, put volume increased to over 70% of all contracts, while E-mini Russell options showed a divergence between short-term call interest and longer-term put flow. Additionally, Bitcoin futures saw heavy volume at CME Group as prices touched 68,000. A major announcement from CME Group regarding the launch of single stock futures this summer, pending regulatory review, will introduce financially settled futures on more than 50 top U.S. stocks, including Nvidia and Tesla. Scott Bauer discusses the latest market trends and upcoming economic data.
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