A quick rundown of today's market-moving events
After wrapping up an incredibly volatile week last week, filled with ups-and-downs, two of the market benchmarks logged their fourth-consecutive week of losses. Let's get specific. The Dow Jones Industrial Average (DJI - 27,173.96) fell 1.8% last week. The S&P 500 Index (SPX -3,298.46) lost 0.6% last week and the Nasdaq Composite (IXIC - 10,913.56) added 1.1%, for the week. Lastly, the Cboe Volatility Index (VIX - 26.3) gained 1.8% for the week ending on September 25.
ICYMI (in case you missed it), here's what you need to know from last week:
Though the last days of September this week will be somewhat quiet, investors will have plenty of economic action to absorb by the time it's October later this week. Employment, real estate, and consumer confidence data, as well as the most recent gross domestic product (GDP) reading, will be the center of attention this week. There is no notable economic data being released today.
And while the real heat of earnings season is still a week or so away, we have have rounded up all the companies slated to release their quarterly earnings today.
- Cal-Maine Foods, Inc. (NASDAQ: CALM -- $38.94) produces, grades, packages, markets, and distributes shell eggs. CALM is currently 21.4% higher year-over-year.
- Cal-Maine Foods will report its fiscal third-quarter earnings before the bell today. Click here for our analysis of CALM stock following the company's last earnings announcement in July 2020.
- SINA Corporation (NASDAQ: SINA -- $40.19) operates as an online media company in the People's Republic of China and internationally. SINA has gone down 4.7% year-to-date.
- SINA will report its fiscal first-quarter earnings of 2021 before the bell today.
- Thor Industries, Inc. (NYSE: THO -- $93.21) manufactures, and sells recreational vehicles (RVs), and related parts and accessories. THO has remained essentially flat year-to-date.
- THO will report its fiscal third-quarter earnings before the bell today. Click here for our analysis of THO stock following the company's last earnings announcement in June 2020.
- Weibo Corporation (NASDAQ: WB -- $32.54) operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. WB has decreased 10.3% year-over-year.
- WB will report its fiscal first-quarter of 2021 earnings before the bell today.
- United Natural Foods, Inc. (NYSE: UNFI -- $17.91) distributes natural, organic, specialty, produce, and conventional grocery and non-food products
- UNFI will report its fiscal third-quarter earnings after the market closes today.
Tomorrow, September 28, is when the economic calendar will kick into high gear with the S&P CoreLogic Case-Shiller home-price index and consumer confidence data set to roll in. IHS Markit (NYSE: INFO) and McCormick (NYSE: MKC) are also slated to step into the earnings confessional.