Last week the dollar index continued rising, while the US stock prices slightly dropped. On Monday, weak data on car sales for March were released in the US. Because of this, the stocks of General Motors (NYSE:GM), Fiat Chrysler (NYSE:FCAU) and Ford (NYSE:F) markedly declined.
However, the overall decrease of the US stock indices was not so significant due to the positive ISM Manufacturing index. In March, it slightly declined from its record high in two and a half years. Another positive was the growth of construction expenses by 0.8% to the record high since April 2006. The dollar index was in a narrow neutral range at the beginning of the week.