U.S. stocks recover from early slump

Date: Fri, 27 Nov 2009 12:00:53 -050

U.S. stocks recover from early slump

The decline is led by energy and metals companies, as concerns about
the impact of debt problems at Dubai World take down oil and metals
futures. The dollar is higher.

DUBAI WORLD'S SPRAWLING EMPIRE

Dubai World, the conglomerate whose debt woes are roiling global
financial markets, is by its own description Dubai's "flag bearer in
global investments."

DUBAI CRISIS OFFERS REAL-WORLD STRESS TEST

The largest corporate entity in Dubai is having problems paying back
its massive $60 billion debt -- a situation that offers the potential
for understanding how well, or poorly, the global economy's prepared
to withstand a post-meltdown crisis.

ANALYSTS WARN OF EMERGING-MARKETS FALLOUT ON DUBAI

Analysts warn of potential wider impact of Dubai's financial woes on
emerging markets as investors look again at the level of risk they are
willing to take.

STOCKS AND COMMODITIES SPOOKED BY DUBAI WORRIES

Investors' confidence is shaken by worries about Dubai's debt woes,
precipitating a sell-off in commodities and equities, while the
dollar, the Japanese yen and U.S. government debt find safe-haven
buyers.