WASHINGTON — Initial jobless claims rose by 9,000 to 217,000 in the July 21 week after dipping to their lowest point since 1969 in the previous week.
The four-week moving average fell by 2,750 to 218,000 in July 21 week, and would be expected to fall by 3,750 next week, all else being equal.
Continuing claims fell by 8,000 to 1.745 million in the July 14 week, down 38,000 from the level in the June 16 survey week.
In April, WisdomTree launched two new exchange-traded funds, Nuveen debuted a high-income separately-managed account product and more.
Chicago released a request for qualifications for underwriting services on April 30, seeking to form new pools from which to choose firms to handle their bond sales.
The Ways and Means Committee is expected to release the full text, including revenue raisers, ahead of a Tuesday hearing.
The DASNY program allows the schools to "align their borrowing costs with the aid that they receive from the state," said CEO Robert J. Rodriguez.
"In our view, the worst for munis is behind us, at least for now; tax-exempts might continue to outperform, but only to a degree as technicals will remain somewhat challenging," Barclays strategists said.
"I'm worried about rates," muni market strategist Vikram Rai said during a webinar Thursday.
