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Dow ends lower as Coca-Cola weighs, but Nasdaq keeps flying

  • Stocks paused after their best week of the year so far, plodding to a mixed finish in quiet trading as investors mostly blamed weak economic reports on the weather.
  • The Dow lagged the other leading indexes, weighed down by Coca-Cola after reporting weak Q4 results; the Nasdaq, however, rose to 13-year highs amid an eighth straight gain and the Russell 2000 added 1%, lifted by the healthcare sector after Actavis bought Forest Labs for $25B.
  • Homebuilders lagged following the disappointing NAHB housing reading for December.
  • Treasury ended near their best levels of the day, with the 10-year yield down 4 bps at 2.71%.
  • Gold futures added 0.4% to $1,324.70, extending gains to a ninth session in a row and settling in at more than a three-month high; crude oil futures jumped 2.1% to $102.43, a four-month high.
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