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 expected to decline to 460,000 for the May 15 week from 473,000 in the previous week.
The Philadelphia Fed's manufacturing index for May is scheduled for release at 8:30 a.m. ET. The index is likely to drop to 45.0 in May from April’s reading of 50.2.
The index of leading economic indicators for April will be released at 10:00 a.m. ET. Analysts expect the index rising 1.2% in April.
The Census Bureau’s quarterly services survey report for the first quarter is scheduled for release 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.
Dallas Fed President Robert Kaplan is set to speak at 6:05 p.m. ET.