Dow Jones Industrial Average index tumbles on lower resource demand from China

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Source: Dukascopy Bank
Dow Jones Industrial Average index declined on Tuesday as China raised gasoline and diesel prices. Blue chip index edged down 0.52% or 68.94 points and settled at 13,170.19. Walt Disney Co fell 0.5% after company said it predicts  science-fiction film John Carter to lose around USD 200 million. Resource demand dependent Caterpillar and Alcoa tumbled 2.6% and 1.5% respectively. Bank of America was the best performer adding 3% on news lender will not issue additional equity in secondary offering. 

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