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Barchart
Barchart
Rich Asplund

Stocks Gain on Positive Corporate News and a Jump in US Consumer Confidence

The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.45%.

Stocks today are mixed, with some positive corporate news lifting the broader market.  JM Smucker is up more than +6% after reporting stronger-than-expected Q2 adjusted EPS and boosting its full-year adjusted EPS forecast. Also, Eli Lilly is up more than +5% after the Biden administration proposed a rule requiring the US government to cover weight-loss drugs through the Medicare and Medicaid systems.

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