Dow Jones index rallies as Spanish fears ease

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Source: Dukascopy Bank
Dow Jones Industrial Average index extended sharp gains on Tuesday despite disappointing US factory output and housing starts data. Blue chip index surged  1.50% or 194.13 points settling at 13,115.54 with all 30 stocks making gains. Coca-Cola added 2.1% after its CEO Muhtar Kent said the company has introduced smaller sizes packages to attract price-conscious customers as the company tries to boost sales in North America. Walt Disney rallied 2.5% as its revenue from stage musical adaptation of The Lion King outperformed its rival The Phantom of the Opera.

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