Investing.com - U.S. business inventories rose in line with expectations in December, official data showed on Thursday.
In a report, the U.S. Census Bureau said that wholesale inventories increased by a seasonally adjusted 0.5% in December, matching forecasts. Business inventories rose by 0.4% in November.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD rising 0.63% to trade at 1.3678.
Meanwhile, U.S. equity markets remained lower. The Dow Jones Industrial Average fell 0.4%, the S&P 500 index inched down 0.3%, while the Nasdaq Composite index dipped 0.1%.