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* Tesla jumps as CEO Musk says he has sold 'enough' stock. * Pfizer rises as oral COVID-19 pill wins approval. Dec 22 - Wall Street's main indexes powered higher on Wednesday in a broad rally after upbeat economic data and hopeful developments about the severity of the Omicron coronavirus variant that is sweeping the world.The S&P 500 gained at least 1% for a second straight session, putting it near record levels, as volatility has ratcheted up in the last month of 2021 following the arrival of

Melco Resorts & Entertainment Ltd has entered into a strategic partnership with Marriott Internation

* Financials, materials lead declines among sectors * S&P 500 falls below 50-day moving average * Or

These companies could eclipse the iPhone maker's market cap in the long run.

- 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

* Fed to end bond purchases, signals rate hikes in 2022 * Tech is worst among 11 S&P 500 sector inde

LOCAL shares capped Thursday on a more upbeat note, as investors appeared to be buoyed by cues from

U.S. Stock futures traded flat Wednesday morning as investors looked ahead to the Federal Reserve'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

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