Markets

The report card touts the MSRB's accomplishments, though that doesn't sit well with some market participants.

Puerto Rico issues rallied on a restructuring agreement for the power company, while municipal bond buyers saw some new supply head their way.

For the first time this year, the municipal bond market generated more volume than it did in the same month of 2017, as July issuance edged 1.3% higher.

Puerto Rico issues rallied after reports the island’s electric company struck a debt restructuring agreement with its bondholders.

City officials say the round of assignments for bond counsel and special disclosure counsel includes larger and smaller, minority-owned law firms.

Texas service sector activity “accelerated in July,” according to business executives.

The consumer confidence index increased to 127.4 in July from a revised 127.1 last month.

The MNI Chicago Business Barometer rose to a six-month high of 65.5 in July.

The seasonally adjusted Milwaukee Report on Business increased to 61.66 in July from 60.18 in June.

Home prices rose 6.4% on an annual basis in May, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.