Markets

Manufacturing growth in the central Atlantic region was weaker than in March, while “service sector activity was robust in April.”

Sales of new U.S. homes unexpectedly rose in March, climbing to a 16-month high.

The region's services sector “continued to expand” at nearly the same pace as the previous month.

Action got underway in the primary on Monday as an Iowa school district sold over $100 million of general obligations.

The audit concluded a year and one day after the sports authority received a letter dated April 4, 2018, informing it that the tax-exempt status of the bonds was being examined.

The pace of existing home sales fell by 4.9% to a 5.21 million annual rate in March after a surge in February.

A $1.6 billion note deal from the New York State Thruway Authority this week will roll over an issue sold in 2013 as part of a financing for the $4 billion Mario Cuomo Bridge.

S&P Global Ratings downgraded the University of Connecticut to A-plus from AA-minus.

The Chicago Fed National Activity Index for March narrowed to negative 0.15 from a downwardly revised negative 0.31 in February.

U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017.