Markets

The value of U.S. durable goods orders rose 1.3% in November, but were actually down 0.1% excluding a 4.2% jump in transportation orders.

Personal income rose 0.3% in November, while nominal PCE was up 0.6% and the core PCE price index rose 0.1%.

The region's non-manufacturing sector “continued to grow.”

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.93% from 3.91% last week.

The muni primary market ground to a halt after a barrage of deals triggered by tax legislation.

The urgency for healthcare issuers to sell tax-exempt bonds is gone after private activity bonds survived tax reform.

North Dakota county loses investment grade as it prepares to open new jail.

Ingalls Health System in south suburban Chicago was downgraded one notch to Baa3 by Moody's Investors Service.

The muni market is skidding to a halt from a break-neck issuance filled two weeks, as an eerie quiet pervades ahead of the long holiday weekend.

The composite of the Leading Economic Index was up 0.4% in November following an unrevised 1.2% increase in October, the Conference Board reported Thursday.