Mid-Day Market Update: Markets Turn Red, Smucker Posts Higher Profit

Midway through trading Thursday, the Dow traded down 0.32 percent to 14,912.98 while the NASDAQ dropped 0.17 percent to 3,395.87. The S&P also fell, declining 0.11 percent to 1,607.09. Top Headline J.M. Smucker Co (NYSE: SJM ) reported a 25% rise in its fourth-quarter profit. Smucker's quarterly profit surged to $130.3 million,