Investing.com - U.S. business inventories were unexpectedly flat in March, official data showed on Monday.
In a report, the U.S. Census Bureau said that wholesale inventories were flat in March, compared to expectations for a 0.3% increase.
Business inventories in February rose by 0.1%.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD shedding 0.02% to trade at 1.2987.
Meanwhile, U.S. equity markets were lower after the open. The Dow Jones Industrial Average declined 0.4%, the S&P 500 index dipped 0.4%, while the Nasdaq Composite index fell 0.3%.
In a report, the U.S. Census Bureau said that wholesale inventories were flat in March, compared to expectations for a 0.3% increase.
Business inventories in February rose by 0.1%.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD shedding 0.02% to trade at 1.2987.
Meanwhile, U.S. equity markets were lower after the open. The Dow Jones Industrial Average declined 0.4%, the S&P 500 index dipped 0.4%, while the Nasdaq Composite index fell 0.3%.