Major business events and economic events scheduled for Thursday:
WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m. Eastern.
WASHINGTON — Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.
WASHINGTON — Commerce Department releases new home sales for April, 10 a.m.
The Gap Inc. reports quarterly financial results.
Ralph Lauren Corp. reports quarterly financial results.
Sears Holdings Corp. reports quarterly financial results.

