“Stocks Take a Turn: Fed Meeting, Earnings, and Wage Data in Focus”

The stock market today was volatile as investors looked ahead to a busy week of earnings reports and a Federal Reserve meeting. The Dow Jones Industrial Average fell over 200 points, while the S&P 500 and Nasdaq Composite dropped 1.3% and 1.2%, respectively.

The sell-off came as investors looked ahead to the January jobs report, which is due Friday. The report is expected to show that U.S. employers added fewer jobs in January than in December. In addition, wage growth is expected to remain relatively weak.

The Federal Reserve is also scheduled to meet this week, and investors are expecting the central bank to keep interest rates unchanged. However, the Fed is expected to signal that it could raise rates later this year if the economy continues to improve.

Investors are also keeping an eye on a number of big earnings reports this week. Companies such as Apple, Microsoft, Amazon, and Facebook are all scheduled to report their quarterly results.

Overall, investors are keeping a close eye on the data and news this week as they look for clues on the direction of the stock market.