Economic Data Scheduled For Thursday

• Gross Domestic Product report for the third quarter is scheduled for release at 8:30 a.m. ET. Analysts expect GDP slowing to 2.7% annual growth in the third quarter from Q2 growth of 6.7%.

• Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims dropping to 290,000 for the October 23 week, unchanged from the previous week.

• The pending home sales index for September is scheduled for release at 10:00 a.m. ET. A 1.7% rise is expected for pending home sales in September, following a 8.1% surge in the previous month.

• The Energy Information Administration’s weekly report on natural gas stocks in underground storage will be released at 10:30 a.m. ET.

• The Kansas City Fed manufacturing index for October is scheduled for release at 11:00 a.m. ET.

• The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.

• The Treasury will auction 7-year notes at 1:00 p.m. ET.

Check out the full economic calendar here

See more from Benzinga

• Click here for options trades from Benzinga

• Mid-Afternoon Market Update: Nasdaq Surges Over 100 Points; Cortexyme Shares Plunge

• Mid-Day Market Update: Dow Falls Over 100 Points; Silicon Laboratories Shares Spike Higher

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.