Investing.com – U.S. factory orders rose less-than-expected in May, official data showed on Tuesday.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 0.8% in May, falling short of expectations for a 1.0% gain.
The previous month’s figure was revised to a decline of 0.9% from a 1.2% drop.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.4% to trade at 1.4481.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average eased up 0.1%, the S&P 500 index dipped 0.1%, while the Nasdaq Composite index gained 0.15%.
In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 0.8% in May, falling short of expectations for a 1.0% gain.
The previous month’s figure was revised to a decline of 0.9% from a 1.2% drop.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.4% to trade at 1.4481.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average eased up 0.1%, the S&P 500 index dipped 0.1%, while the Nasdaq Composite index gained 0.15%.