Shares of Goldman GS fell about 2.5% after the company reported its Q4 net earnings at $3.79 per share, compared with $8.20 per share, in the year-ago period. Goldman's net revenue dropped to $8.64 billion, from $9.62 billion, in the year-ago quarter. However, analysts were expecting earnings of $3.76 per share on revenue of $9 billion.
The dollar moved down against the euro, while the gold moved up after a US report depicted December housing starts dropped to a slower pace than expected. The dollar index (DXY) dropped 0.65% to 78.45. Against the greenback, the euro gained around 0.9039%. Gold for February delivery gained 0.7% to $1,377.50 an ounce.
Shares of State Street Corp STT dropped about 4% after the company reported 85% decline in its Q4 net income. STT's earnings came in at $0.16 per share. Excluding one-time charges, the company reported earnings at $0.83 per share. The company's total revenue dropped 12% y/y to around $2 billion. However, analysts were expecting earnings of $0.86 per share.
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