Coca-Cola stock (KO) sits near $70 as New Year’s Day shuts markets — what Wall Street watches next
2 January 2026
1 min read

Coca-Cola stock (KO) sits near $70 as New Year’s Day shuts markets — what Wall Street watches next

NEW YORK, January 1, 2026, 18:10 ET — Market closed

Shares of The Coca-Cola Company (NYSE:KO) last closed down 0.23% at $69.91 on Wednesday, the final trading day of 2025, with U.S. stock markets shut on Thursday for the New Year’s Day holiday. 1

The quiet start to 2026 matters because Coca-Cola is widely treated as a defensive “consumer staples” name — companies that sell everyday necessities — and those stocks can react sharply when investors reset expectations for growth and interest rates. A more volatile macro backdrop can also shift demand for steady dividend payers versus higher-growth sectors.

Wall Street ended 2025’s final session lower in thin holiday trading after a year dominated by uncertainty over President Donald Trump’s tariff policies and heavy enthusiasm for AI-linked shares. “I do not expect that the last few days will have so much bearing on the performance of the next year,” said Giuseppe Sette, co-founder and president of Reflexivity. 2

Coca-Cola traded between $69.88 and $70.16 on Dec. 31, and about 8.1 million shares changed hands, according to the company’s historical pricing data. 1

In the same session, PepsiCo fell 0.44%, a reminder that the beverage group moved more with broad risk tone than company-specific headlines at year-end. 3

Coca-Cola enters 2026 near the middle of its 52-week range of $60.62 to $74.38, with a market value around $300 billion, according to compiled market data. 4

Investors’ next company-specific checkpoint is Coca-Cola’s fourth-quarter and full-year report, which market calendars estimate for Feb. 10. In its third-quarter earnings release filed with the SEC, Coca-Cola said it will provide full-year 2026 guidance when it reports fourth-quarter earnings and flagged currency effects as a swing factor for “comparable” results — adjusted figures that exclude certain one-off items. 5

Coca-Cola is also heading into a planned leadership handover: a December filing said Henrique Braun will become CEO on March 31, when James Quincey transitions to executive chairman. 6

Before the next session:

U.S. markets are set to reopen on Friday, Jan. 2, with traders watching weekly jobless claims at 8:30 a.m. ET and construction spending at 10:00 a.m. ET, according to the New York Fed’s calendar.

Next week’s early catalysts include the ISM manufacturing survey on Monday, Jan. 5, and the monthly employment report on Friday, Jan. 9, both of which can move Treasury yields and, by extension, rate-sensitive consumer staples valuations.

Technically, KO has been hovering around the $70 level, with the 50-day moving average near $70.48 and the 200-day moving average near $69.90, according to stock data services. Traders often watch those levels as near-term gauges of trend support and resistance. 7

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 1:02 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Enbridge stock (ENB) ends 2025 lower as oil slides; what investors watch before Friday’s open
Previous Story

Enbridge stock (ENB) ends 2025 lower as oil slides; what investors watch before Friday’s open

Wheaton Precious Metals stock slips as gold cools into 2026; Fed and jobs data loom for WPM
Next Story

Wheaton Precious Metals stock slips as gold cools into 2026; Fed and jobs data loom for WPM

Go toTop