Stock futures rise after Dubai bailout

Stock futures are indicating a higher opening on Wall Street after Abu Dhabi provided a surprise $10 billion bailout to Dubai to help with debt repayments. The move, which also sent world stocks mostly higher, helps ease investor fears that the emirate will default on its debt and signal a new round of broader credit problems. Dubai World was up against a Monday deadline to repay the loans. In the U.S., Citigroup says it is paying back $20 billion in bailout money as part of the government's Troubled Asset Relief Program. Dow Jones industrial average futures are up 43, or 0.4 percent, at 10,527. Standard & Poor's 500 index futures are up 5.00, or 0.5 percent, to 1,108.20, while Nasdaq 100 index futures are up 8.50, or 0.5 percent, at 1,800.50.