Thursday promises to be a busy morning for new reports. USDA's weekly export sales report is due out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims, September durable goods and an update of the U.S. Drought Monitor. The U.S. Commerce Department will also issue its first estimate of third-quarter GDP at 7:30 a.m. and many are expecting positive growth. Meanwhile, the European Central Bank is expected to raise its interest rate Thursday morning and the Energy Department's weekly report of natural gas sales is due out at 9:30 a.m.
Weather
A system is exiting the Central Rockies into the Southern Plains on Thursday. Some scattered showers have been falling over Nebraska and South Dakota from the overnight but will spread south into Oklahoma and Texas later today. There is a small risk for severe weather over Texas, but mostly should be just rain. Other areas of the country will be dry with near-normal temperatures.