Investing.com - U.S. factory orders fell less-than-expected in January, official data showed on Wednesday.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 2% in January, compared to expectations for a drop of 2.2%.
Factory orders in December rose by 1.8%.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD dipping 0.38% to trade at 1.3003.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average rose 0.3%, the S&P 500 index added 0.25%, while the Nasdaq Composite index shed 0.1%.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 2% in January, compared to expectations for a drop of 2.2%.
Factory orders in December rose by 1.8%.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD dipping 0.38% to trade at 1.3003.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average rose 0.3%, the S&P 500 index added 0.25%, while the Nasdaq Composite index shed 0.1%.