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

U.S. stocks opened higher on Wednesday, building on their gains from the prior session ahead of Thursday’s closely watched inflation report. The S&P 500
SPX,
+0.48%

gained 15 points, or 0.4%, to 3,935. The Dow Jones Industrial Average
DJIA,
+0.20%

rose by 124 points, or 0.4%, to 33,828. The Nasdaq Composite
COMP,
+0.80%

gained 34 points, or 0.3%, to 10,777.

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