The CBOE Volatility Index (.VIX) is drifting to its lows of the trading session, down .13 to 19.46, but should soon find a floor ahead of important event risk throughout the remainder of the week. The economic calendar is chock full of market moving data, including monthly payroll data on Friday. A first peek at the April jobs situation comes courtesy ADP on Wednesday. GDP numbers, Chicago PMI, energy inventory data, and the FOMC announcement on rates are also slated for Wednesday. Consumer confidence data on tap tomorrow.