The S&P 500 futures trade two points, or 0.1%, above fair value. The S&P 500 is up 2.6% this month.
Reviewing the monthly S&P 500 sector standings shows ten of the 11 groups in positive territory, with energy (+6.0%) solidly in first place. Following suit are the health care (+4.0%) and information technology (+3.8%) sectors, while the real estate sector (-0.8%) is the lone holdout.
The Philadelphia Semiconductor Index is up 8.2% in December.