State Street’s stock fell after reporting quarterly earnings of $2.17 per share, missing Wall Street’s forecast of $2.35 per share. Shares were down 3.5% while the S&P 500 remained flat. Earnings were up 1% year over year, with revenue at $3.4 billion, slightly higher than expected. Expenses of $2.5 billion were up 11% due to a $100 million charge for workforce restructuring.

Read more at Barron’s: State Street Stock Falls on Earnings Miss