Dow Jones index rallies as Spanish fears ease

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.