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 Stocks jumped again Monday following news that CIT had struck a financing deal that will keep the troubled commercial lender out of bankruptcy. More upbeat earnings reports and a better-than-expected read on future economic activity also drove shares higher. A 100-point gain pushed the Dow Jones industrials back into the black for the year, while the Standard & Poor's 500 climbed to its highest finish since November.
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Stocks jumped again Monday following news that CIT had struck a financing deal that will keep the troubled commercial lender out of bankruptcy. More upbeat earnings reports and a better-than-expected read on future economic activity also drove shares higher.
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