Northern Trust Corporation (NASDAQ: NTRS) stock lost over 5.20% on 17 th October 2018 (Source: Google Finance) on the back of the year-over-year and sequential declines for the pound and euro against the U.S. dollar had an unfavorable impact of revenue. The company reported third quarter net income of $374.5 million. Earnings per share $1.58 and the return on common equity was 15.1%. End-of-period markets were favorable with the S&P 500 and MSCI EAFE Indices increasing 15.7% and 2.3% respectively. On a sequential basis, both indices also increased with the S&P 500 up 7.2% and the EAFE up 1.8%. Also on a sequential basis, the average daily market value of the S&P 500 was up 5.4%, while the EAFE declined 0.2%.