U.S. stocks fell back on Friday as Wall Street dealt with mixed signals from the Federal Reserve and the looming impact of President Trump’s upcoming tariffs.

Alphabet has officially agreed to acquire cloud security firm Wiz for a staggering $32 billion in cash, making it the tech giant’s largest acquisition to date.

The Federal Reserve’s latest economic projections have sent ripples of worry through financial markets, raising concerns about a potential bout of stagflation.