GLOBAL MARKETS-SP 500 gains as oil drops; dollar
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Posted On: 02/27/2012 10:30:57 PM
GLOBAL MARKETS-S&P 500 gains as oil drops; dollar rises
NEW YORK, Feb 27 (Reuters) - Oil prices snapped a week-long rally on Monday and the S&P 500 stocks index edged up to its highest level since June 2008, while positive U.S. home sales data soothed investor worries about the effect of high energy costs on the economy.
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