A quick summary of today's market moving event schedule
Despite a valiant effort to rebound higher, with the major indexes
clinging to minor losses midday in an effort to notch weekly wins; the Dow closed out Friday 244 points lower and recorded a small weekly loss last week.
The Dow Jones Industrial Average (DJI - 27,657.42) shed 244.6 points, or 0.9% on Friday, and 0.03% for the week last week. Johnson & Johnson (NYSE: JNJ -- $149.18) was one of few winners on Friday, topping the list with an 1.4% rise. Meanwhile, Boeing (NYSE: BA -- $161.14) landed at the bottom for the day with a 3.8% drop.
Meanwhile, the S&P 500 Index (SPX - 3,319.47) fell 37.5 points, or 1.1% for the day on Friday. The Nasdaq Composite (IXIC - 10,793.28) lost 117 points, or 1.1% for Friday's session. The indexes shed 0.7% and 0.5% last week, respectively.
Lastly, the Cboe Volatility Index (VIX - 25.83) fell 0.6 point, or 2.4% for the day on Friday, and 3.9% for the week.
Like we mentioned in our weekly event preview, this week will start off slow today with just a monthly report from the Chicago national activity index.
There are no notable earnings reports being released today.
The excitement will pick up tomorrow with the existing home sales report, as well at the American Petroleum Institute's (API) crude oil inventory report. Investors will also be expecting Redbook's sales growth update and new manufacturing data. The earnings docket tomorrow is slated to include Autozone Inc (NYSE: AZO), KB Home (NYSE: KBH), Stitch Fix Inc (NASDAQ: SFIX), and Nike Inc (NYSE: NKE).