Markets

Issuers from Colorado, Minnesota, and Florida led the pack of issuers on Thursday.

The last of the week’s big deals came to market on Thursday with issuers in Colorado, Pennsylvania and Florida leading the pack.

Existing home sales were flat at a seasonally adjusted 5.34 million-unit rate in August.

The composite of the Leading Economic Index was up 0.4% in August following a 0.7% gain in July, the Conference Board said Thursday.

Despite being in a relatively stable environment, there are many factors to remain diligent about, according to Matthew Gastall, executive director at Morgan Stanley Wealth Management. He discusses ratios, macro factors, spreads and key cycle indicators and cautions on local GO and transportation credits heading into the late cycle. John Hallacy is host.

U.S. filings for unemployment benefits unexpectedly fell for a third straight week to a new 48-year low.

Manufacturers report expanding at a quicker rate in September, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported “diminished price pressures this month.”

States reported a 20.2% jump in the issuance of private activity bonds from the $20.4 billion issued in 2016.

There was a healthy pulse in the municipal market as new structures attracted interest.

Brightline, which runs a passenger train service in Florida, is taking over the XpressWest project.