Investing.com - U.S. wholesale inventories rose in line with expectations in April, official data showed on Tuesday.
In a report, US Census Bureau said that wholesale inventories rose by a seasonally adjusted 0.2% in April, in line with expectations.
Wholesale inventories for March were revised down to a 0.3% increase from a previously reported gain of 0.4%.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD adding 0.05% to trade at 1.3265.
Meanwhile, U.S. stock markets were down after the open. The Dow Jones Industrial Average fell 0.8%, the S&P 500 lost 0.85%, while the Nasdaq 100 declined 0.8%.
In a report, US Census Bureau said that wholesale inventories rose by a seasonally adjusted 0.2% in April, in line with expectations.
Wholesale inventories for March were revised down to a 0.3% increase from a previously reported gain of 0.4%.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD adding 0.05% to trade at 1.3265.
Meanwhile, U.S. stock markets were down after the open. The Dow Jones Industrial Average fell 0.8%, the S&P 500 lost 0.85%, while the Nasdaq 100 declined 0.8%.