Dow Jones Tumbles to Start 2021; Apple Called Top FAANG Stock; Coca-Cola Stock Downgraded

2021 is not off to a good start for the Dow Jones Industrial Average (DJINDICES: ^DJI) or the broader stock market, with the Dow down 1.7% at 1:20 p.m. EST Monday. Shares of Apple (NASDAQ: AAPL) and Coca-Cola (NYSE: KO) were down big on Monday to lead the Dow lower. Apple stock sank despite a call for the tech giant to outperform other FAANG stocks this year, and Coca-Cola stock slumped after it was downgraded on valuation concerns.