State Street Exceeds Q4 Expectations, Trump Unveils 401(k) Home Down Payment Plan, and Suez Canal Insurance Woes Persist
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 ...