On Wednesday, shares of Coca-Cola (KO.US) rose 3% to trade at $83.80.
The stock has been on a continuous upward trajectory since last Friday, with its price reaching a new all-time intraday high today.
Against a backdrop of significant corrections in global technology stocks, the U.S. consumer staples sector has demonstrated remarkable resilience, emerging as a safe haven in the market.
In recent trading sessions, shares such as Coca-Cola, Colgate-Palmolive (CL.US), and Procter & Gamble (PG.US) have strengthened against the prevailing market trend, significantly outperforming the broader market.
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