NEW YORK, May 22 (UPI) -- U.S. stock indexes showed narrow gains Thursday after Ford Motor Co. revised its business plan and its expectations.
With gas prices rising quickly, Ford announced it would step up production of smaller cars and scale back the on the more profitable trucks and larger cars.
By close Thursday, the Dow Jones industrial average was up 24.43 points or 0.19 percent to 12,625.62. The Standard and Poor's 500 index gained 3.64 points or 0.26 percent to 1,394.35. The Nasdaq composite index added 16.31 points or 0.67 percent to 2,464.58.
On the New York Stock Exchange, 1,713 stocks advanced and 1,395 declined on a volume of 1.207 billion shares traded.
The 10-year U.S. Treasury note fell 30/32 to yield 3.919 percent.
The dollar rose. The euro traded at $1.5719 from Wednesday's $1.579, while the dollar traded at 104.13 yen from Wednesday's 103.02 yen.
In Tokyo, the Nikkei index gained 52.16 points to 13,978.46, up 0.37 percent.
In London, the FTSE 100 index lot 16.50 points to 6,181.60, off 0.27 percent.
