NEW YORK, Dec. 22 (UPI) -- U.S. markets rose marginally higher Wednesday morning, reflecting a one-notch uptick in the government's estimate of third quarter economic output.
The Commerce Department said the gross domestic product, the broadest measure of the economy's performance, rose 2.6 percent in the third quarter, an upward revision of the 2.5 percent estimate released a month ago.
Consumer prices, however, rose less than previously estimated in the third quarter. The consumer price index was revised downward Wednesday from a 1 percent price increase to 0.8 percent.
In midmorning trading, the Dow Jones industrial averaged added 1.87 points, 0.01 percent, to 1,1533.29. The Standard & Poor's 500 index gained 1.53, or 0.12 percent, to 1,256.11. The Nasdaq composite index tacked on 0.58 points, 0.02 percent, to 2,668.19.
The benchmark 10-year treasury note fell 4/32 to yield 3.317 percent.
The euro fell to $1.3081 from Tuesday's $1.3096. Against the yen, the dollar fell to 83.46 yen from Tuesday's 83.74 yen.
In Japan, the Nikkei 225 index lost 0.23 percent, 24.04, to 10,346.48.
