Stock Movers: Intuit Down on Forecast, Smucker Rises

Stock markets saw mixed performance with JM Smucker rising after raising its full-year sales and profit outlook, driven by strong growth in Uncrustables and coffee products. Conversely, Intuit declined after providing weaker-than-expected full-year forecasts for earnings and revenue. Abercrombie & Fitch also gained ground by raising its annual outlook on the back of improved second-quarter results and stronger demand across multiple regions.