Thursday:

• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to increase to 325 thousand from 320 thousand.

• Also at 8:30 AM, The third estimate of Q4 GDP from the BEA. The consensus is that real GDP increased 2.7% annualized in Q4, revised up from the second estimate of 2.4%.

• At 10:00 AM, Pending Home Sales Index for February. The consensus is for a 0.8% decrease in the index.

• At 11:00 AM, the Kansas City Fed manufacturing survey for March.