by Calculated Risk on 5/19/2021 09:01:00 PM

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 460 thousand from 473 thousand last week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for May. The consensus is for a reading of 43.2, down from 50.2.