Stocks edge lower on Wall Street; Coke sinks

wochit business
July 16, 2013 AT 1:09 PM
Stocks are moving lower on Wall Street after the latest batch of corporate earnings failed to impress investors. Coca-Cola fell 2 percent to $40.22, the biggest drop in the Dow Jones industrial average, after reporting a slump in soda sales in North America. The Dow was down 45 points, or 0.3 percent, to 15,437