Investing.com – U.S. factory orders rose slumped more-than-expected in April, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 1.2% in April, after jumping 3.8% in March, whose figure was upwardly revised from a 3.0% gain.
Economists had expected U.S. factory orders to decline by 0.7% in April.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD climbing 0.85% to trade at 1.4450.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average eased down 0.1%, the S&P 500 index added 0.1%, while the Nasdaq Composite index gained 0.3%.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 1.2% in April, after jumping 3.8% in March, whose figure was upwardly revised from a 3.0% gain.
Economists had expected U.S. factory orders to decline by 0.7% in April.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD climbing 0.85% to trade at 1.4450.
Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average eased down 0.1%, the S&P 500 index added 0.1%, while the Nasdaq Composite index gained 0.3%.