Markets

Wednesday’s municipal market was firm and over $1.3 billion bid lists were circulating, according to a New York trader.

Growth in "eds and meds" has bolstered the Rhode Island capital, the rating agency said in a comparison with New Jersey's capital.

The deal clears one legal obstacle to the upcoming issuance of PABs, although two other challengers plan to pursue a federal lawsuit.

Sales of new U.S. homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market.

Service sector “grew slightly in November,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Wednesday.

Manufacturing growth in the central Atlantic region “grew moderately in November.”

The U.S. economy remained on a solid footing in the third quarter, matching previously reported results.

Deals for retail and institutions priced into a stronger market, paving the way for bigger issuance as the week progresses.

Both S&P Global Ratings and Fitch Ratings dropped the New York suburban county to AA-plus from AAA.

The state plans to price $190 million of general obligation highway capital improvement bonds.