Investing.com - U.S. factory orders fell less-than-expected in August, official data showed on Thursday.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 5.2% in August, compared to expectations for a 5.8% decline.
Factory orders in July rose by 2.6%. The figure was revised down from a previously repotted increase of 2.8%.
Following the release of the data, the U.S. dollar held on to loses against the euro, with EUR/USD adding 0.54% to trade at 1.2975.
Meanwhile, U.S. stock markets remained modestly higher. The Dow Jones Industrial Average rose 0.3%, the S&P 500 index gained 0.4%, while the Nasdaq Composite index was little changed.
In a report, the U.S. Census Bureau said factory orders fell by a seasonally adjusted 5.2% in August, compared to expectations for a 5.8% decline.
Factory orders in July rose by 2.6%. The figure was revised down from a previously repotted increase of 2.8%.
Following the release of the data, the U.S. dollar held on to loses against the euro, with EUR/USD adding 0.54% to trade at 1.2975.
Meanwhile, U.S. stock markets remained modestly higher. The Dow Jones Industrial Average rose 0.3%, the S&P 500 index gained 0.4%, while the Nasdaq Composite index was little changed.