Wednesday brought New Home Sales figures. Sales of new single-family houses in February 2016 were at a seasonally adjusted annual rate of 512,000, in line with market expectations, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.0% above the revised January rate of 502,000, but is 6.15 below the February 2015 estimate of 545,000.

Thursday was marked by Durable goods Orders and Unemployment Claims figures. Orders for durable goods fell in February for the third time in four months, reflecting a broad-based slowdown that underscores lingering softness in U.S. capital investment. Bookings for goods and materials meant to last at least three years declined 2.8% after a 4.2% gain that was less the previously reported, Commerce Department data showed Thursday. Bookings for non-military capital goods excluding aircraft dropped 1.8%, more than estimated.

Separate report, on Unemployment Claims showed that in the week ending March 19, the advance figure for seasonally adjusted initial claims was 265,000, an increase of 6,000 from the previous week's revised level. The previous week's level was revised down by 6,000 from 265,000 to 259,000. The 4-week moving average was 259,750, an increase of 250 from the previous week's revised average. The previous week's average was revised down by 8,500 from 268,000 to 259,500.

On Friday, Final GDP data was released. Real gross domestic product increased at an annual rate of 1.4% in the fourth quarter of 2015, according to the "third" estimate released by the Bureau of Economic Analysis. No change from prelim reading of 1.0% increase was expected. In the third quarter, real GDP increased 2.0%. The increase in real GDP in the fourth quarter reflected positive contributions from PCE, residential fixed investment, and federal government spending that were partly offset by negative contributions from nonresidential fixed investment, exports, private inventory investment, and state and local government spending. Imports, which are a subtraction in the calculation of GDP, decreased.

This week markets will be looking at:

Pending Home Sales (Monday 15:00)

CB Consumer Confidence (Tuesday 15:00)

ADP Non-Farm Employment Change (Wednesday 13:15)

Unemployment Claims (Thursday 13:30)

Chicago PMI (Thursday 14:45)

Non-Farm Employment Change/Average Hourly Earnings/Unemployment Rate (Friday 1:30)

ISM Manufacturing PMI (Friday 15:00)

Revised UoM Consumer Sentiment (Friday 15:00)