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On Thursday’s NewsHour…

MIXED PICTURE FOR THE ECONOMY | A mixed economic picture emerged today: the stock market surged on news of strong corporate earnings, but home sales continued to sink and unemployment claims rose. Jim Lehrer talks to Greg Ip of “The Economist” for analysis.

STORM THREATENS GULF ACTIVITIES | Testing on the new containment cap–and the halt of the oil flow–may be in danger as the Gulf faces an oncoming tropical storm. Jeffrey Brown updates us on the situation, then talks to two Gulf state senators: Democrat Bill Nelson of Florida, and Republican Roger Wicker of Mississippi.

CONTROVERSY OVER DISPERSANTS | BP and cleanup crews have been using numerous types of chemical dispersants in their effort to rid the Gulf of Mexico of the oil that has spread since the rupture of the oil well. Spencer Michels reports on the controversy and questions that have surrounded the use of dispersants, which many claim are doing more harm than good.

LEGAL BATTLE OVER ARIZONA IMMIGRATION LAW | The first stage in the battle between the U.S. Justice Department and the State of Arizona over the fate of the Arizona immigration law began today in front of a federal judge in Phoenix. Ray Suarez leads a debate between Kris Kobach of the University of Missouri-Kansas City School of Law, who helped to author the bill, and Steven Gonzales of the Phoenix School of Law.

HOUSING SLUMP IN SPAIN | Paul Solman continues his series of reports on Europe’s economic troubles from Spain, where the housing market has entered a dangerous slump.

Thursday’s anchors are Jim Lehrer and Jeffrey Brown. Hari Sreenivasan will have the day’s other top news stories and a look at features on the Web, including more from Spanish journalist Jose Soler, who is featured in Paul’s report tonight, and a conversation with reporters from PBS Stations in Idaho, Oklahoma, and California comparing local housing and employment concerns.

Also, on the Rundown, Spencer Michel continues his reporting on BP’s oil dispersants and has video of an impromptu debate at a New Orleans farmer’s market over off-shore drilling. You can keep watch on the latest efforts in oil containment by watching our live oil feeds.

We hope you’ll join us.

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