DLC Clearlease Reports; US Canadian and European Stock Update July, 7 2011

DLC Clearlease Reports; US Canadian and European Stock Update July, 7 2011

VANCOUVER, BC (July 7, 2011) Dominion Lending Centres Clearlease Reports After ending the previous session modestly higher, stocks are seeing some further upside in early trading on Thursday. The major averages have all climbed into positive territory, reaching their best intraday levels in over a month.

In the past few minutes, the major averages have pulled back off their highs for the young session, but they remain firmly positive. The Dow is up 60.32 points or 0.5 percent at 12,686.34, the Nasdaq is up 12.32 points or 0.8 percent at 2,855.34 and the S&P 500 is up 9.23 points or 0.7 percent at 1,348.45.

The markets have benefited from the release of some relatively upbeat employment data, which has eased some of the recent concerns about the strength of the jobs market.

A report released by payroll process ADP showed a much bigger than expected increase in private sector employment in the month of June, while the Labor Department released a report showing a bigger than expected drop in weekly jobless claims.

The ADP report showed that private sector employment increased by 157,000 jobs in June following a downwardly revised increase of 36,000 jobs in May. Economists had expected employment to increase by about 60,000 jobs compared to the addition of 38,000 jobs originally reported for the previous month.

Meanwhile, the Labor Department said jobless claims fell to 418,000 from the previous week’s revised figure of 432,000, while economists had expected jobless claims to slip to 420,000 from the 428,000 originally reported for the previous week.

The data has generated some optimism about the Labor Department’s monthly employment report, which includes government jobs. The report, which is due to be released Friday morning, is currently expected to show that employment rose by about 110,000 jobs in June.

Retail stocks are seeing significant strength in early trading, benefiting from the upbeat jobs data as well as news of some strong June sales by apparel retailers. The NYSE Arca Retail Index has surged up by 1.9 percent to its highest intraday level in over a month.

Banking, computer hardware, and energy stocks are also seeing early strength, with energy stocks moving higher along with the price of the crude oil. On the other hand, some biotech and health insurance stocks are bucking the uptrend.

In overseas trading, stock markets across the Asia-Pacific region once again experienced choppy trading on Thursday, ending the day mixed. Japan’s Nikkei 225 Index edged down by 0.1 percent, while Hong Kong’s Hang Sang Index inched up by 0.1 percent.

Meanwhile, the major European markets have all shown notable moves to the upside on the day. The French CAC 40 Index is up by 1.1 percent, while the U.K.’s FTSE Index is up by 0.9 percent and the German DAX Index is up by 0.8 percent.

In the bond market, treasuries have moved notably lower on the heels of the upbeat employment data. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 6.3 basis points at 3.158 percent.

Some of the Business Equipment Dominion Lending Centres Clearlease Finance include:

Office Fitout, Office Furniture, Oxygen Machines, PABX, Photocopiers, Plasma & Display Screens, Point of Sales POS, Printers, Retail Fitout, RFID Systems, Salon Equipment, Scanners, Security Systems, Shelving & Storage, Software, Telephone Systems, Trucks, Water Systems, Workstations, Air conditioning units, Audio Visual, Biometric Technologies, Boats, Buses, Cars, Catering Equipment, Compressors, Computers, Laptops & other IT, Display Stands, Earth moving equipment, Fax Machines, Forklifts, Gaming equipment, Generators, GPS Systems, Hospitality Fitout, Kiosks & Touch Screens, Massage Tables & Chairs, Medical & Dental, Mining Equipment, Office Equipment.

Clearlease Equipment Lease Financing, Commercial Financing Mortgage Refinance Mortgage Auto Lease, Vendor Program – Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Video Link: http://youtu.be/fROP17iUSEg

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon. Vancouver Commercial Lending,North Vancouver Commercial Lending,West Vancouver Commercial Lending,Surrey Commercial Lending,Richmond Commercial Lending,Delta Commercial Lending,Langley Commercial Lending,Coquitlam Commercial Lending,BC Commercial Lending,Private Commercial Lending

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease


Video Link: http://youtu.be/fROP17iUSEg

Tags: No tags

Comments are closed.