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S&P 500 hits highest since June 2008


    NEW YORK (Reuters) - U.S. stocks rose on Monday, boosted by merger news and rising metals prices as investors bet on a stronger global economy.

    * The S&P 500 rose above resistance at 1,313.15 to hit its highest intraday level since June 2008.

    * The Dow Jones industrial average gained 22.33 points, or 0.18 percent, to 12,114.48. The Standard & Poor's 500 Index gained 3.31 points, or 0.25 percent, to 1,314.18. The Nasdaq Composite Index gained 3.81 points, or 0.14 percent, to 2,773.11.

    (Reporting by Edward Krudy; Editing by Kenneth Barry)