Dow drops over 100 points after July PCE inflation report
U.S. stocks slid Wednesday after a PCE inflation release; the Dow Jones fell more than 100 points. The CNN Fear & Greed Index moved to the “Neutral” zone, reading 55 versus 57 prior.
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J.M. Smucker raises full-year outlook after Q1 beat
J.M. Smucker reported fiscal first-quarter 2027 adjusted earnings of $3.24 a share and sales of $2.22 billion, both above estimates, then lifted full-year adjusted earnings guidance to $10.50 to $11 and sales outlook to $8.87 billion to $8.96 billion.
Nasdaq 100 falls as hot PCE inflation lifts rate-hike bets
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.
Dow falls over 150 points as Smucker gains on Q1 results
The Dow Jones fell more than 150 points Wednesday, while J.M. Smucker shares rose about 3% after better-than-expected first-quarter results and raised FY27 guidance above estimates.
J.M. Smucker Q1 earnings due Aug. 26; SJM shares up
J. M. Smucker is set to report first-quarter earnings before the open on Aug. 26, with analysts expecting $2.22 EPS and $2.13 billion revenue; shares rose 1.3% to $125.87 Monday.
SJM - The J.M. Smucker Co. to Report First Quarter Earnings and Participate in the 2026 Barclays Global Consumer Staples Conference - Click
SJM - The J.M. Smucker Co. to Report First Quarter Earnings and Participate in the 2026 Barclays Global Consumer Staples Conference