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U.S. wholesale inventories rise 0.1% in July

By Investing.comEconomic IndicatorsSep 11, 2013 02:23PM GMT Add a Comment
Investing.com - U.S. wholesale inventories rose less-than-expected in July, official data showed on Wednesday.

U.S. wholesale inventories rise 0.1% in July
In a report, US Census Bureau said that wholesale inventories inched up by a seasonally adjusted 0.1% in July, below expectations for a 0.3% increase.

Wholesale inventories fell 0.2% in June.

Following the release of the data, the U.S. dollar was lower against the euro, with EUR/USD adding 0.16% to trade at 1.3288.

Meanwhile, U.S. stock markets were mixed after the open. The Dow Jones Industrial Average rose 0.25%, the S&P 500 shed 0.25%, while the Nasdaq 100 declined 0.7%.

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