Markets

Bennet said six of the 90 counties qualifying for the designation are in Colorado.

The end of a casino revenue sharing agreement impacts the city's credit, says S&P.

Year's end is the new target to launch the first segment of the Brightline train service.

Top-quality municipal bonds were stronger at midday, traders said, as the market was seeing a lull in issuance with only two major deals slated to hit the screens.

Labor market “activity increased and momentum remained high in July,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) grew to 0.51 in July from 0.36 in June, according to the Bank.

The value of wholesale inventories rose 0.7% in June, a small upward adjustment from the 0.6% gain estimated in the advance estimate, while wholesale sales rose 0.7%, their largest increase since February, data released Wednesday by the U.S. Commerce Department showed.

After a hectic day on Tuesday, the municipal bond market will see a lull in issuance with only two major deals slated to hit the screens on Wednesday.

Second quarter nonfarm productivity rose 0.9% above the 0.8% gain expected, while unit labor costs were up only 0.6% rather than the 1.1% rise expected, data released by the Bureau of Labor Statistics Wednesday showed.

Top-rated municipal bonds finished mixed on Tuesday, traders said, as a New York City issuer sold over $1.5 billion in six competitive offerings.

John Sugden reflected on his 15-year career as an analyst and pension expert for S&P Global Ratings.