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 US to pull Colombian president's visa over protest. Trump's latest SCOTUS ask targets a constitutional amendment. Locals are furious about the planned demolition of a landmark bridge. Another US city is about to see troops sent to 'protect' it. Report an error