NEW YORK (CNNMoney.com) -- Wall Street held onto modest gains Monday as investors expressed optimism that small business lender CIT has secured the financing to keep it out of bankruptcy.

Furthermore, investors were largely pleased as companies posted their second-quarter financial performance, and braced for another week full of corporate reports with cautious optimism.

The Dow Jones industrial average (INDU) was up 30 points, or 0.3%. The broader S&P 500 (SPX) index was up 2 points, or 0.2%, and the tech-heavy Nasdaq composite (COMP) added 6 points, or about 0.3%.

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