- Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S
B of A Securities lifted the price target on Apple Inc. from $160 to $210. Apple shares rose 0.4% to $176.37 in pre-market trading.JP Morgan lowered Zscaler, Inc. price target from $362 to $320. Zscaler shares dropped 4.2% to $295.64 in pre-market trading.Goldman Sachs cut the price target for Ollie's Bargain Outlet Holdings, Inc. from $77 to $48. Ollie's Bargain Outlet shares dropped 4% to $48.43 in pre-market trading.Piper Sandler lifted Beyond Meat, Inc. price target from $61 to $64. Beyond M
Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week
The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.Earnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and