- 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
Inflation data, US eases travel restrictions: What to know this week
Traders this week will receive another batch of economic data focused on inflation, helping to show whether price pressures have continued further during the economic recovery. Separately, some travel restrictions are set to lift for those coming into the U.S. this week, offering a potential boost to a host of travel-related companies.Wall Street has been closely monitoring the incoming data on inflation during the reopening. Companies have struggled to meet a surge in demand as consumer mobilit