Thursday morning's reports start with weekly U.S. jobless claims and an update of the U.S. Drought Monitor at 7:30 a.m. CST, followed by pending U.S. homes sales at 9 a.m. The Energy Department's report on natural gas storage is set for 9:30 a.m., followed by the Energy Department's weekly inventory report at 10 a.m., including ethanol production.
Weather
Dry conditions will return across the Central and Southern Plains throughout the day while widespread rain and snow showers will build across the eastern Midwest and are expected to continue through Thursday night. Up to two inches of snow is likely across southern Wisconsin, eastern Iowa, Illinois, Missouri, and eastern Indiana; however, isolated higher amounts up to 3-4 inches are possible.