Markets

About 4,903,300 online job postings appeared on leading internet job boards in January, an increase of 1,200 from December, the Conference Board reported Wednesday.

Moody's revised its outlook on Connecticut's capital to developing from negative, pending the city's application for a state workout program.

Pending home sales rose 0.5% to an index reading of 110.1 in December, from an upwardly revised 109.6 in November.

The Chicago Business Barometer declined to 65.7 in January from a revised 67.8 in December.

Municipal bond market participants await details of President Trump’s plans for infrastructure spending.

The employment cost index fell slightly in the fourth quarter to an expected 0.6% increase.

The December Midwest Economy Index climbed to 0.43 from a revised 0.17 in November, first reported 0.22, the Federal Reserve Bank of Chicago said Wednesday.

Private-sector employment increased by 234,000 in January, on a seasonally adjusted basis, ADP estimated Wednesday.

During his State of the Union address, President Trump also embraced the recent call by the U.S. Chamber of Commerce -- without mentioning them –- to reduce the permitting approval process to two years or less for infrastructure projects.

There's an expectation that President Trump will address infrastructure spending in Tuesday's State of the Union address, and he has the attention of the muni market.