Investing.com - U.S. factory orders rose less-than-expected in December, official data showed on Monday.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 1.8% in December, compared to expectations for a gain of 2.2%.
Factory orders in November fell by a revised 0.3%.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD dipping 0.51% to trade at 1.3572.
Meanwhile, U.S. stock markets remained lower. The Dow Jones Industrial Average fell 0.6%, the S&P 500 index declined 0.5%, while the Nasdaq Composite index shed 0.4%.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 1.8% in December, compared to expectations for a gain of 2.2%.
Factory orders in November fell by a revised 0.3%.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD dipping 0.51% to trade at 1.3572.
Meanwhile, U.S. stock markets remained lower. The Dow Jones Industrial Average fell 0.6%, the S&P 500 index declined 0.5%, while the Nasdaq Composite index shed 0.4%.