Investing.com – U.S. factory orders rose significantly more-than-expected in March, official data showed on Tuesday.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 3% in March, after rising by 0.7% in February, whose figure was upwardly revised from a decline of -0.1%.
Economists had expected U.S. factory orders to rise by 1.9% in March.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD edging 0.04% lower to hit 1.4824.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average gained 0.15%, the S&P 500 index dipped 0.11%, while the Nasdaq Composite index eased up 0.05%.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 3% in March, after rising by 0.7% in February, whose figure was upwardly revised from a decline of -0.1%.
Economists had expected U.S. factory orders to rise by 1.9% in March.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD edging 0.04% lower to hit 1.4824.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average gained 0.15%, the S&P 500 index dipped 0.11%, while the Nasdaq Composite index eased up 0.05%.