J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised

U.S. stocks opened lower Monday as growing protests in China over the country’s strict COVID curbs contributed to worries over the global economic outlook. The Dow Jones Industrial Average
DJIA,
-0.40%

dropped 107 points, or 0.3%, while the S&P 500
SPX,
-0.54%

and Nasdaq Composite
COMP,
-0.46%

each fell 0.6%.

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