US Stock Reports, Quotes and News
(Updated – April 19, 2024 11:43 AM EDT)Investing.com — Main U.S. indexes traded lower Friday, hit by falling risk appetite as tensions in the Middle East escalate in the wake of Israel’s reported strike on Iran.
Northern Trust Corporation (NASDAQ:NTRS) reported a net income of $215 million for the first quarter of 2024, with earnings per share at $0.96. The company highlighted strong growth in assets under custody and administration, alongside assets under management, due to favorable equity markets and client inflow.
JPMorgan strategists said consensus projections for earnings growth have been “moving materially lower” in recent months ahead of the Q1 2024 reporting season kick-off.