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Economic Data Scheduled For Thursday

Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Jobless claims are likely to decline to 475,000 for the May 8 week from 498,000 in the previous week.
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Economic Data Scheduled For Wednesday

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The Consumer Price Index for April will be released at 8:30 a.m. ET. Analysts expect consumer prices rising a monthly 0.2% in April following a 0.6% increase in the previous month.