Coke Could Be Big Headwind For Monster Beverage

The VIX is eyeing its highest close since Aug. 15

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MIDDAY MARKET CHECK     10/02/2019
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Stocks Pummeled as Recession Fears Rattle By Patrick Martin Share On The Dow Jones Industrial Average (DJI) is down over 450 points at midday -- heading for its worst single-session percentage drop in over a month -- as Wall Street extends its brutal start to the fourth quarter. Subpar economic data continues to fuel fears of a recession, this time with the latest ADP employment report signaling a slowdown in private-sector hiring. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also sharply lower, while Wall Street's "fear gauge," the Cboe Volatility Index (VIX), barrels toward its highest close since Aug. 15.   Continue reading for more on today's market, including: Analyst: Coca-Cola will dig into Monster Beverage stock. Bernstein just pumped the brakes on Activision Blizzard stock. Plus, put traders eye United Natural Foods' dismal earnings; JNJ the last Dow stock standing; and Delta Air Lines grounded by weak guidance. >> Continue reading...
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