Peers Qualcomm Inc QCOM.O and Advanced Micro Devices Inc AMD.O also declined, while the Philadelphia SE Sector index .SOX slid 1.5%. Wall Street's major indexes swung wildly last week as investors digested Omicron news and Federal Reserve Chair Jerome Powell's hawkish comments about speedier taper to tackle surging inflation. Powell's comments also spurred bets of early interest rate hikes next year, with market participants shifting to cyclical and so-called value names from tech-heavy growth stocks, expecting them to perform better in an environment of tightening monetary policy.