Day Ahead: Top 3 Things to Watch for May 21

1. Jobless Claims Seen Dipping; Existing Home Sales Expected to Dive

Tomorrow brings the weekly jobless claims figures, with economists looking for a dip from last week, but a slight one as companies are still forced to shed jobs

2. Manufacturing to Show Some Green Shoots?

Looking to the manufacturing sector, the Philadelphia Federal Reserve will release its measure of regional activity at 8:30 AM ET (12;30 GMT).

3. Bull Favorite Nvidia to Report

Semiconductor company Nvidia (NASDAQ:NVDA) will issues its earnings after the bell tomorrow, which come on the heels of a strong rally in shares, sending them close to all-time highs.