Thursday:

• Early: Reis Q1 2014 Mall Survey of rents and vacancy rates.

• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to increase to 320 thousand from 311 thousand.

• Also at 8:30 AM, the Trade Balance report for February from the Census Bureau. The consensus is for the U.S. trade deficit to decrease to $38.5 billion in February from $39.1 billion in January.

• At 10:00 AM, the ISM non-Manufacturing Index for March. The consensus is for a reading of 53.5, up from 51.6 in February. Note: Above 50 indicates expansion, below 50 contraction.