Investing.com - Financial Markets Worldwide
🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

U.S. wholesale inventories rise 0.6% in January

Published 03/11/2014, 10:01 AM
U.S. wholesale inventories rise more than expected in January
EUR/USD
-

Investing.com - U.S. wholesale inventories rose more-than-expected in January, official data showed on Tuesday.

In a report, the U.S. Commerce Department said that wholesale inventories increased by a seasonally adjusted 0.6% in January, above expectations for a 0.4% increase. Wholesale inventories rose by 0.4% in December.

Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.14% to trade at 1.3857.

Meanwhile, U.S. stock markets were mostly lower after the open. The Dow Jones Industrial Average dipped 0.2%, the S&P 500 inched down 0.15%, while the Nasdaq 100 added 0.05%.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.