Cme Group Inc. shares rise 1.23% after-hours as Fed's rate cut uncertainty boosts dollar.

Cme Group Inc. rose 1.23% in after-hours trading. The increase in stock price can be attributed to the strengthening of the dollar by 0.96% against a basket of reference currencies, reaching its highest level in two months during trading. This was due to Jerome Powell's comments that dampened hopes of a rate cut in September, causing the probability of a rate cut to fall below 50% on the CME's FedWatch tool.