Money | Dow Jones Dow Rises 127 as Dubai Fears Subside Dow fully recovers from Friday's emirate-fueled swoon By Nick McMaster Posted Dec 1, 2009 3:13 PM CST Copied Traders work the floor at the New York Stock Exchange on November 27, 2009. (Getty Images) Stocks rallied today as investors grew less fearful that Dubai will default on its sovereign debt and a US housing forecast climbed to its highest level in 3 years, the Wall Street Journal reports. The Dow rose 127 points to close at 10,472. The Nasdaq added 31 points, settling at 2,176. The S&P 500 gained 13 points, closing at 1,109. Read These Next He survived 43 days in a 'most dangerous' Australian desert. An NFL kicker just raised the bar for his fellow kickers. It's the most modern of insults: Clanker. How a Florida university's millions went to a cam girl. Report an error