US Stocks Mixed; JM Smucker Shares Plunge After Q4 Results

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.1% on Tuesday.

The Dow traded down 0.01% to 42,759.34 while the NASDAQ gained 0.11% to 19,612.49. The S&P 500 also rose, gaining, 0.15% to 6,014.60.

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Leading and Lagging Sectors

Energy shares jumped by 1.3% on Tuesday.

In trading on Tuesday, financial stocks fell by 0.1%.

Top Headline

Shares of The J. M. Smucker Company SJM fell around 10% on Tuesday after the company reported mixed fourth-quarter financial results and issued FY26 adjusted EPS guidance below estimates.

JM Smucker reported quarterly earnings of $2.31 per share which beat the analyst consensus estimate of $2.24 per share. The company reported quarterly sales of $2.14 billion which missed the analyst consensus estimate of $2.18 billion.

Equities Trading UP
           

• Carisma Therapeutics, Inc. CARM shares shot up 301% to $0.91.
• Shares of NuCana plc NCNA got a boost, surging 127% to $0.1730.
• Evogene Ltd. EVGN shares were also up, gaining 76% to $1.99. Evogene announced completion of first-in-class foundation model for generative molecule design, developed in collaboration with Google Cloud.

Equities Trading DOWN

• Ohmyhome Limited OMH shares dropped 40% to $1.45.
• Shares of Baiya International Group Inc. BIYA were down 31% to $2.73.
• WANG & LEE GROUP, Inc. WLGS was down, falling 27% to $0.0865.

Commodities

In commodity news, oil traded up 0.6% to $65.68 while gold traded up 0.4% at $3,368.60.

Silver traded down 0.1% to $36.795 on Tuesday, while copper fell 0.1% to $4.9185.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 rose 0.1%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 gained 0.5%, Germany's DAX 40 fell 0.4% and France's CAC 40 rose 0.1% during the session.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 0.32%, Hong Kong's Hang Seng Index falling 0.08%, China's Shanghai Composite dipping 0.44% and India's BSE Sensex falling 0.07%.

Economics

The NFIB Small Business Optimism Index rose to 98.8 in May from 95.8 in April and topping market estimates of 95.9.

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