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* Pfizer to buy Arena Pharma, shares of both companies rise * Meme stocks GameStop, AMC slump to mul

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

WILMINGTON, Del., Dec 11 (Reuters) - U.S. President Joe Biden on Saturday said he told Russian Presi

Wall Street closed lower on Thursday as investors banked some profits after three straight days of g

Wall Street's main indexes finished Tuesday's session with strong gains as investors shook off some

International trade report for October is scheduled for release at 8:30 a.m. ET. Analysts expect a d

Dec 6 - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminis