Nasdaq Surges Over 300 Points; State Street Earnings Top Views
1. State Street Corporation (STT) exceeded Q4 earnings expectations, reporting $2.60 EPS. 2. STT's quarterly sales reached $3.412 billion, beating the estimate of $3.320 billion. 3. U.S. stock indices rose, indicating positive market sentiment. 4. Consumer discretionary shares gained 2.3%, a positive signal for STT. 5. Overall industrial production rose by 0.9%, suggesting economic strength.