What to Watch Thursday: Adobe Reports Earnings

On Thursday, March 16, investors await quarterly results from Adobe Systems a holding of Jim Cramer's charitable trust Action Alerts PLUS.
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On Thursday, March 16, investors await quarterly results from Adobe Systems (ADBE) - Get Report a holding of Jim Cramer's charitable trust Action Alerts PLUS.

Analysts expect Adobe to report earnings of $0.87 a share on sales of $1.65 billion. During the same quarter a year ago, the company posted earnings of $0.66 a share on sales of $1.38 billion.

As for economic data, housing starts for February and weekly jobless claims are both released at 8:30am Eastern, while the JOLTS report is out at 10 a.m.