Markets

Initial claims for U.S. state unemployment benefits rose 2,000 to 244,000 in June 24 week, stronger than the 241,000 level expected.

First quarter GDP growth was revised up to a 1.4% pace in the third estimate from the 1.2% gain in the second estimate, with a strong upward revision to PCE the key factor, data released Thursday by the Bureau of Economic Analysis showed.

Top-rated municipal bonds finished weaker on Wednesday, sending yields as much as four basis points higher, according to traders, as two large deals from New York issuers priced.

The developer of a Florida passenger train service may forgo private activity bonds.

Top-rated municipal bonds were weaker at mid-session, according to traders, as two large deals from New York issuers came to market.

Chances of an on-time Connecticut spending plan faded.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Pending home sales decreased 0.8% to an index reading of 108.5 in May, after a downwardly revised 1.7% slide to 109.4 in April, according to a report released Wednesday by the National Association of Realtors.

Municipal bond traders are waiting to see the institutional pricing of the big DASNY deal as a host of other offerings hit the market on Wednesday.

Top-quality municipal bonds ended weaker on Tuesday, according to traders, as the first of the week’s new supply lit up their screens, led by a big DASNY deal.