Risk sentiment deteriorated sharply on Wednesday as a wave of disappointing earnings guidance and escalating U.S.-China trade tensions rattled investor confidence.
Shares of financial services company Northern Trust (NASDAQ:NTRS) fell 1.8% in the morning session after it reported third-quarter results that met revenue expectations but failed to impress investors.
Curious about the market action on Wednesday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Financial services company Northern Trust (NASDAQ:NTRS) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 3.2% year on year to $2.03 billion. Its GAAP profit of $2.29 per share was 2.2% above analysts’ consensus estimates.
Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets.
But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.
Over the past six months, Northern Trust has been a great trade, beating the S&P 500 by 18.8%. Its stock price has climbed to $134.70, representing a healthy 37.5% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Throughout the last three months, 10 analysts have evaluated Northern Trust (NASDAQ: NTRS), offering a diverse set of opinions from bullish to bearish.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Looking back on custody bank stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Northern Trust (NASDAQ:NTRS) and its peers.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
