Markets

First quarter GDP growth was revised down slightly to a 2.2% annual rate from the 2.3% pace in the advance estimate.

Private-sector employment increased by 178,000 in May, on a seasonally adjusted basis, ADP estimated Wednesday.

What's in the next Illinois budget is more important to S&P Global Ratings than whether it is passed soon.

Municipal bond investors reacted cautiously to the rally in Treasurys as they looked for confirmation that the new yield levels are here to stay.

Intercontinental Exchange agreed to buy TMC Bonds for $685 million in cash just eight days after IHS Markit's deal to buy Ipreo.

While volume will be under $4 billion, strong demand should continue as the muni market is sound technically and investors are flush with cash. Investors are feeling bullish.

Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.

Texas factory activity, as measured by the production index, “rose markedly in May,” reaching a 12-year high.

The consumer confidence index increased to 128.0 in May from a revised 125.6 last month, The Conference Board reported Tuesday.

Home prices rose 6.5% on an annual basis in March, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.