In company news, Walmart (WMT) said on an investor call that inflation is "still an issue" and that it expects its hiring pace to slow as it moves toward greater automation. Conagra Brands (CAG) on Wednesday raised its full-year profit outlook as inflationary pressures ease and lowered the top end of its organic revenue guidance after fiscal third-quarter supply disruptions resulted in stock-outs in its grocery portfolio. Vita Coco (COCO) shares were rising 4.6% higher after Craig-Hallum started coverage of the company's stock with a buy rating and a $25 price target.