Investing.com - U.S. business inventories rose in line with expectations in March, official data showed on Tuesday.
In a report, the U.S. Census Bureau said that wholesale inventories increased by a seasonally adjusted 0.4% in March, matching forecasts. Business inventories rose by 0.5% in February.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.24% to trade at 1.3725.
Meanwhile, U.S. equity markets remained higher. The Dow rose 0.2%, the S&P 500 inched up 0.1%, while the Nasdaq added 0.1%.