As Markets Keep Falling, These 2 Blue Chip Stocks Have Good News for Investors

It's been a tough few weeks for the stock market, as major market benchmarks have once again fallen close to their recent lows for 2022. Rampant inflation and other macroeconomic and geopolitical pressures are wreaking havoc on Wall Street's sentiment, and the ripples are making their way across the stock universe to affect even some of the largest companies in the world. As of 7:15 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were down another 255 points to 33,473. S&P 500 (SNPINDEX: ^GSPC) futures had dropped 36 points to 4,232, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had lost 108 points to 13,246.

Earnings season is moving into high gear, and a couple of key players outside the technology space are weighing in Monday morning with their latest results. Shares of Coca-Cola (NYSE: KO) and Otis Worldwide (NYSE: OTIS) didn't make big moves following the release of their most recent numbers, but investors watched closely for signs of what their business conditions might suggest for the broader global economy.

Shares of Coca-Cola were up a fraction of a percent in premarket trading on Monday morning. The beverage giant reported solid growth numbers but also pointed to some pressures that are similar to what many companies in the consumer products space are facing right now.

Source Fool.com