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* Major indexes climb for 3rd straight session * Merck's at-home COVID-19 pill gets U.S. approval *

* 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

Fed says it will end bond purchases in March Tech and healthcare the strongest sectors Indexes: Dow

* Fed policy decision awaited on Wednesday * November PPI logs highest rise since 2010 * Tech leads

* 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

The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to r

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

Apple shares rose nearly 2% to a new high in morning trading.