Elon Musk has now sold more than $10 billion in Tesla stock, part of a record wave of CEOs cashing out
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Reuters
Wall Street ends lower on Omicron worries, Fed taper angst
Wall Street’s major indexes closed lower on Friday, with the Nasdaq leading the declines as investors bet that a strong jobs report would not slow the Federal Reserve’s withdrawal of support all while they grappled with uncertainty around the Omicron coronavirus variant. After opening higher, Wall Street spent the rest of the session in the doldrums and an elevated volatility index highlighted investor anxiety. Both sets of data appeared to influence investor expectations for the Fed’s next move towards tightening its policy.