US Stock Market: stocks pull back, unemployment rate drops to 4.2%, amid Omicron coronavirus concern, Fed's tightening policy

US stocks fell in choppy trading yesterday, with the Nasdaq tumbling more than 2%, as mixed jobs data, uncertainty around the Omicron coronavirus variant, and the path of the Federal Reserve's policy tightening weighed. The Dow Jones Industrial Average declined 60 points to 34,580, the S&P 500 was down 42 points to 4,535. And the Nasdaq Composite was down 319 points to 15,062. The S&P 500 technology index slid nearly 2%, leading losses among the 11 major sectors. Shares ...