City finance stocks closed mixed today

City finance stocks closed mixed today, with banking sector gains offset by declines in urban infrastructure companies. Analysts note rising interest rate expectations could curb lending activity, while mid-cap REITs in downtown districts show signs of stabilization. Watch for upcoming municipal bond auctions as a lead indicator. The city currently has about $506,000 in the general fund from opioid settlements. City Finance Director Daniel Ainslie told the Journal roughly two dozen checks have trickled in since 2022. One person injured after gunshot fired at Rapid City home High-yield city finance portfolios enjoyed a brief rally on news of accelerated urban redevelopment programs. The funding influx from government grants may boost contractor revenues but also raises concerns about overheating project valuations.