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The University of Michigan's final November consumer sentiment index reading was 97.5, compared to the preliminary November 98.3.

Existing home sales were up 1.4% to a seasonally adjusted 5.22 million-unit rate in October from an unrevised 3.4% decline to a 5.15 million sales pace the previous month.

The composite of the Leading Economic Index was up 0.1% in October following an upwardly revised 0.6% gain in September.

Orders placed with U.S. factories for business equipment were weak in October for a third straight month.

Filings for U.S. unemployment benefits rose last week to the highest level since late June.

Federal Reserve Bank of Minneapolis President Neel Kashkari said further tightening could trigger a recession.

As stocks continued to plunge, municipal bonds remained stronger along with Treasurys.

One Puerto Rico Oversight Board member said that approving the COFINA deal was the board's safest choice.

The risk that the Federal Reserve could soon hit the pause button on interest-rate hikes means the great flattening of the yield curve is almost over.

Once a high-profile story of fiscal mismanagement, D.C. is now providing an example other large cities are exploring for themselves.