Investing.com – U.S. factory orders declined unexpectedly in February, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted -0.1% in February, after jumping by 3.3% in January, whose figure was upwardly revised from 3.1%.
Economists had expected U.S. factory orders to rise by 0.5% in February.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.37% to hit 1.4180.
Meanwhile, U.S. stock markets were down. The Dow Jones Industrial Average eased down 0.05%, the S&P 500 index shed 0.17%, while the Nasdaq Composite index slumped 0.21%.
In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted -0.1% in February, after jumping by 3.3% in January, whose figure was upwardly revised from 3.1%.
Economists had expected U.S. factory orders to rise by 0.5% in February.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.37% to hit 1.4180.
Meanwhile, U.S. stock markets were down. The Dow Jones Industrial Average eased down 0.05%, the S&P 500 index shed 0.17%, while the Nasdaq Composite index slumped 0.21%.