Nasdaq Falls Over 100 Points; Coca-Cola Posts Upbeat Earnings
1. Coca-Cola reported Q2 earnings of 87 cents per share, beating estimates. 2. Net revenues grew 1% to $12.50 billion, nearly matching expectations. 3. Organic revenues increased by 5%, indicating product demand strength. 4. Broader stock market indices showed mixed performance amid varying sector responses. 5. Health care stocks surged while information technology faced losses.