The U.S. Commerce Department released factory orders data on Wednesday. Factory orders in the U.S. declined 0.2% in November, in line with expectations, after a 1.3% rise in October. October's figure was revised down from a 1.5% increase.

Durable goods orders were flat in November, while orders for nondurable goods declined 0.4%.

Factory orders excluding transportation declined 0.3% in November, after a 0.1% rise in October.