US Stock Market Move | Defensive stocks held up as the three major indexes plummeted! Coca-Cola Company (KO.US) rose more than 3%.

On Thursday, amidst a global stock market crash, defensive stocks in the US market performed well, with Coca-Cola Company (KO.US), AT&T (T.US), and Johnson & Johnson (JNJ.US) all rising against the market trend. As of the time of writing, these three stocks have risen by 3.15%, 2.58%, and 2.8% respectively. The overall US stock market experienced a sharp decline today, with the Nasdaq opening lower and falling by 5.6%, the S&P 500 index dropping by 4.29%, and the Dow Jones Industrial Average falling by 3.65%.