Economic Data Scheduled For Thursday

• The Challenger job-cut report for March 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 increasing to 195,000 for the March 26 week from 187,000 in the previous week.
• Data on personal income and outlays for February will be released at 8:30 a.m. ET. Personal income is projected to rise 0.5% in February with personal consumption expenditures also likely to increase 0.5% during the month.
• Federal Reserve Bank of New York President John Williams is set to speak at 9:00 a.m. ET.
• The Chicago PMI for March is scheduled for release at 9:45 a.m. ET. After a slower-than-expected reading of 56.3 in February, analysts expect the Chicago PMI rising slightly to 57.0 in March.
• The Energy Information Administration’s weekly report on natural gas stocks in underground storage will be released at 10:30 a.m. ET.
• The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
• Data on farm prices for February will be released at 3:00 p.m. ET.

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