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S&P 500 index hits highest point since June 2008

Published 02/24/2012, AP Business Writer

A two-point gain was enough to push the S&P 500 index to its highest level since June 2008, three months before the collapse of Lehman Brothers and the darkest days of the financial crisis. The S&P 500 index closed at 1,365.74, beating its 2011 closing high by two points.

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