US Business Inventories Rise 0.4% in August
Business inventories rose 0.4% month over month in August, matching expectations and following a 0.9% rise in July.
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Business inventories rose 0.4% month over month in August, matching expectations and following a 0.9% rise in July.
Business inventories increased 0.4%, in line with the expected 0.4%.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. The Dow traded down 0.42% to 51,135.81 while the NASDAQ rose 0.86% to 27,028.35. The S&P 500 also rose, gaining, 0.32% to 7,695.23. Leading and Lagging Sectors Information technology shares jumped by 1.2%