The Dow Jones Industrial Average Index tumbled 0.75% to close at 13,457.55 on Tuesday. The US blue chips came under heavy pressure after the Federal Reserve Bank of Philadelphia President, Charles Plosser, dented risk-sentiment, stating that the QE3 will fail to boost faltering economy and may impact credibility of the US central bank. Capping the downward move of the US blue chips index, US consumer confidence data and home prices numbers beat expectations. All but one sectors included in the index slumped. The only gainer was health care sector, with Johnson & Johnson and Pfizer climbing 0.46% and 0.44%. Dragging the US blue chips index, industrials and basic materials plunged 1.88% and 1.59%. 3M Co, Boeing Co and Caterpillar plunged 0.96%, 0.93% and 4.25%, respectively. Caterpillar was the top-loser after slashing its earnings forecast for 2015.