Markets

The indiana Finance Authority will sell green bonds to fund loans for eligible water and wastewater projects that are verified as environmentally beneficial.

Municipal bond traders returned to work on Thursday as the market took up where it left off on Tuesday — with munis and Treasuries rallying.

Wells Fargo will replace Stratford Shields, who is out following an administrative leave.

The value of new factory orders fell 2.1% in October, slightly lower than the 2.0% decrease expected by analysts.

The U.S. services sector expanded at a faster pace in November as the non-manufacturing index grew to 60.7 from 60.3 in October.

Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. John Hallacy is host.

Third quarter nonfarm productivity was revised up to a 2.3% gain in the final estimate from the 2.2% rate reported in the preliminary estimate.

Initial jobless claims slid 4,000 to 231,000 in the week ended Dec. 1, the Labor Department said Thursday.

The U.S. trade deficit widened more than forecast in October to the highest in a decade.

Private-sector employment increased by 179,000 in November, on a seasonally adjusted basis, ADP estimated Thursday.