State Street Q4 EPS $1.91 Misses $1.98 Estimate

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.