Investing.com - U.S. business inventories rose in line with expectations in October, official data showed on Thursday.
In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.4% in October, in line with expectations.
Business inventories rose by an unrevised 0.7% in September.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD adding 0.03% to trade at 1.3078.
Meanwhile, U.S. equity markets were mixed after the open. The Dow Jones Industrial Average was flat, the S&P 500 index was little changed, while the Nasdaq Composite index dipped 0.1%.
In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.4% in October, in line with expectations.
Business inventories rose by an unrevised 0.7% in September.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD adding 0.03% to trade at 1.3078.
Meanwhile, U.S. equity markets were mixed after the open. The Dow Jones Industrial Average was flat, the S&P 500 index was little changed, while the Nasdaq Composite index dipped 0.1%.