Stocks
Coca-Cola Defies Broader Market Slide as Treasury Yields Surge
Coca-Cola traded near record territory as consumer staples dividend names drew renewed attention amid surging crude prices, climbing Treasury yields, and a broader equity slide.
The beverage group posted solid quarterly revenue growth and lifted its full-year earnings guidance, with margin improvement across its global bottling network.
An upcoming ex-dividend date kept the beverage maker in sharper focus among market participants tracking steady payout names during the volatile session.