Wall Street resumed its rally today, rising moderately as investors saw rebounding commodities prices as a reason to snap up energy and materials stocks.

Ford Motors said that today that 2004 will be the "year of the car," and should be the most profitable year since heir Bill Ford Jr. took over in 2001.

Century-old Ford Motor Company has produced its 300 millionth US vehicle, a crimson red 2004 Mustang GT convertible driven off the assembly line by chairman Bill Ford Jr.