Sterling Bancorp (NASDAQ:SBT) reported quarterly losses of $(0.04) per share. This is a 157.14 percent decrease over earnings of $0.07 per share from the same period last year.
Nasdaq Dips 300 Points; Kraft Heinz Posts Upbeat Earnings
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling over 300 points on Wednesday. Fitch Ratings downgraded the United States’ sovereign credit grade from AAA to AA+.
The Dow traded down 0.82% to 35,339.52 while the NASDAQ fell 2.11% to 13,982.50. The S&P 500, also fell, dropping, 1.27% to 4,518.43.
