U.S. Stock Markets See Volatile Movement on Fed Outlook, Jobs Reports

The stock market saw a volatile day of trading today, with stocks and futures falling on the Federal Reserve’s outlook while the dollar continued to rise.

The Dow Jones Industrial Average fell by 0.2%, while the S&P 500 and Nasdaq Composite both dropped 0.3%.

The losses came despite a surprisingly good jobs report from the U.S. Department of Labor, which showed that non-farm payrolls rose by 49,000 in January.

However, investors remain worried about the Fed’s outlook on inflation and the potential for further rate hikes.

The dollar rose against a basket of currencies, while Treasury yields also ticked higher.

The market volatility was also driven by earnings reports from major companies such as Apple and Amazon, which showed mixed results.

Overall, the market was down on the day, but investors remain hopeful that the economy will continue to rebound in the coming months.