Business and Finance
SALES OF U.S.-MADE CARS and light trucks rose slightly in late January from the preceding 30 days, causing a rally in the stocks of the Big Three U.S. auto makers. Cars made by Japanese companies, meanwhile, increased their market share despite some "buy American" campaigns.</br></br>The Fed is evaluating whether a further reduction in interest rates will be necessary, Greenspan said. But the Fed chief also said he thought rate cuts already made will be enough to turn the economy around. He expressed no opposition to fiscal stimulus as long as it is "modest."</br></br>The House's chief tax writer said he plans to push through a tax cut plan by Bush's March 20 deadline.</br></br>---</br></br>Stocks and bonds rallied in the wake of improving car sales and potentially encouraging news on interest rates. The Dow Jones industrials gained 38.69 points to a record 3272.81. Treasury bond prices rose 3/4 point.