Dow Rises 127 as Dubai Fears Subside
Dow fully recovers from Friday's emirate-fueled swoon
By Nick McMaster,  Newser Staff
Posted Dec 1, 2009 3:13 PM CST
Traders work the floor at the New York Stock Exchange on November 27, 2009.   (Getty Images)
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(Newser) – 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.

 

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