Thursday's economic calendar:
8:30 Housing Starts
8:30 Initial Jobless Claims
8:30 Current Account
10:00 Philly Fed Business Outlook
10:00 Hearing: Geithner Testifies on TARP
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
8:30 Housing Starts
8:30 Initial Jobless Claims
8:30 Current Account
10:00 Philly Fed Business Outlook
10:00 Hearing: Geithner Testifies on TARP
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet