Major business events and economic events scheduled for Thursday:

WASHINGTON - Labor Department releases weekly jobless claims, 8:30 a.m. Eastern.

WASHINGTON - Commerce Department releases international trade data for March, 8:30 a.m.

WASHINGTON - Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.

WASHINGTON - Treasury releases federal budget for April, 2 p.m.

Express-Scripts Holding Co. reports quarterly financial results.

Nordstrom Inc. reports quarterly financial results.

Deutsche Telekom, the German owner of wireless carrier T-Mobile, reports quarterly financial results.

Spanish energy company Repsol reports quarterly financial results.

Luxembourg-based steelmaker ArcelorMittal reports quarterly financial results.

Japanese electronics maker Sony reports quarterly financial results.

BEIJING - China releases trade figures for April.