Early Thursday, markets are fresh off Wednesday's half-percent rate cut from the Federal Reserve. USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims and the weekly U.S. Drought Monitor. U.S. existing home sales in August and the U.S. index of leading indicators are both out at 9 a.m., followed by the Energy Department's weekly report of natural gas storage at 9:30 a.m.
Weather
A storm system moving through the Canadian Prairies continues showers there and is pushing a front into Minnesota on Thursday. The northern half of the front will be the most active today, with scattered showers and thunderstorms down through northern Missouri. The southern half of the front will be stuck across the Central and Southern Plains, but it may also produce some showers and storms. Severe weather will be possible in the storms, especially north.