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Google to Join S&P 500

Standard & Poor'sStandard & Poor’s said today that they will add Google Inc. to the S&P 500 index at the end of this month, sending the Internet high-flier’s shares soaring in after-hours trading. The move means mutual funds that track the widely watched S&P 500 index will have to add Google to their holdings. Google shares shot up by more than $30 at one point today.

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