State Street Exceeds Q4 Expectations, Trump Unveils 401(k) Home Down Payment Plan, and Suez Canal Insurance Woes Persist
Stock Market News·2026-01-16 13:08

Key TakeawaysState Street's (STT) Q4 2025 earnings significantly surpassed analyst expectations, with adjusted EPS of $2.97 against an estimated $2.85 and revenue of $3.67 billion exceeding the $3.62 billion estimate. Net flows reached +$85 billion, well above the estimated +$42.67 billion.The Trump administration is preparing to unveil a plan allowing Americans to use 401(k) retirement funds for home down payments without penalties, a move aimed at boosting housing affordability. This comes as the administ ...