Market Mixed on Soft Jobs Data, ahead of ECB and BOE.

Equities struggle as the Nasdaq pulls major indexes lower, though gold and silver see significant gains. The latest ADP payrolls report underwhelmed, showing a mere 22,000 jobs added in January while large corporations experienced notable losses. Global attention turns to the Bank of England and the European Central Bank, both expected to maintain current interest rates amid varying inflation and growth outlooks. A heavy earnings schedule continues with Alphabet and Qualcomm reporting today, followed by energy and mining giants tomorrow. Investors also await the upcoming U.S. jobless claims data to further gauge the health of the labor market.