With lots of worries out there — inflation, Covid, interest rates, Ukraine, stock volatility — consumers are willing to pay a premium when seeking comfort in the form of sweet treats like Coca-Cola. And investors are seeking a safe haven in the company’s stock.
Stock futures fall as April selling returns after 1-day respite
Stock futures fell slightly on Tuesday as April selling continued after a one-day bounce. Futures tied to the Dow Jones Industrial Average eased about 200 points, or 0.6%. S&P 500 futures were down about 0.6%. Nasdaq 100 futures fell 0.6%.
Morgan Stanley warns of potential bear market in US stocks
Stock markets are turbulent and Morgan Stanley is warning clients the ride is about to get even bumpier. Investors have “very few places to hide” in markets right now, with even defensive stocks succumbing to the pressure in recent days, Morgan Stanley equity strategists led by Mike Wilson wrote on Monday.