Economic Data Scheduled For Thursday


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  • The Challenger job-cut report for April is scheduled for release at 7:30 a.m. ET.
  • Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 533,000 for the May 1 week from 553,000 in the prior week.
  • Data on nonfarm productivity and unit labor costs for the first quarter will be released at 8:30 a.m. ET. Analysts expect productivity rising a quarterly 3.7% in the first quarter versus a 4.2% decline in the fourth quarter. Unit labor costs are likely to drop at a 0.6% pace.
  • Federal Reserve Bank of New York President John Williams is set to speak at 9:00 a.m. ET.
  • Dallas Fed President Robert Kaplan will speak at 10:00 a.m. ET.
  • The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
  • The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
  • Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 1:00 p.m. ET.
  • Federal Reserve Bank of Cleveland President Loretta Master will speak at 1:00 p.m. ET.
  • Federal Reserve Bank of Dallas President Robert Kaplan is set to speak at 6:05 p.m. ET.

Check out the full economic calendar here


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsEconomicsPre-Market OutlookMarketsEconomic Data