Major business and economic events scheduled for Thursday:
WASHINGTON -- Labor Department releases weekly jobless claims, 8:30 a.m.
WASHINGTON -- Commerce Department releases durable goods for April, 8:30 a.m.
WASHINGTON --National Association of Realtors releases pending home sales index for April, 10 a.m.
WASHINGTON --Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.