Coca-Cola stock price climbs as investors duck into staples on Warsh Fed pick jitters
Coca-Cola shares rose 1.6% to $74.63 in late trading, bucking a broader market decline as investors shifted into consumer-staples stocks amid inflation data and speculation over Trump’s Fed nominee, Kevin Warsh. Traders are watching Coca-Cola’s earnings on Feb. 10 and a Feb. 17 investor conference for further direction.