Vancouver, B.C., Canada March 29, 2011 – Clearlease.com Reports After coming under pressure in the latter part of the previous session, stocks are seeing some further downside in early trading on Tuesday. The major averages have all slid into negative territory, giving back some ground after trending higher in recent sessions.
The early weakness may be partly due to the release of a report from Standard & Poor’s showing a continued decrease in housing prices in the month of January.
The report showed that the S&P/Case-Shiller 20-City Composite Home Price Index fell at an annual rate of 3.1 percent in January compared to a 2.4 percent drop in December. Economists had been expecting the index to decrease by about 3.3 percent.
David M. Blitzer, Chairman of the Index Committee at S&P, said, “Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future.”
“These data confirm what we have seen with recent housing starts and sales reports,” Blitzer added. “The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery.”
Meanwhile, the Conference Board is scheduled to release its consumer confidence report for March at 10 am ET. The report, which is based on a survey of 5,000 U.S. households, is expected to show that the consumer confidence index fell to 64.0 in March.
While selling pressure has remained relatively subdued, moderate weakness has emerged among gold, semiconductor and natural gas stocks. Housing stocks are also moving mostly lower, with Lennar (LEN) posting a notable loss despite reporting an unexpected first quarter profit.
The major averages are currently posting slim losses, just off their lows for the young session. The Dow is down 19.56 points or 0.2 percent at 12,178.32, the Nasdaq is down 6.46 points or 0.2 percent at 2,724.22 and the S&P 500 is down 4.28 points or 0.3 percent at 1,305.91.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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Vancouver, B.C., Canada March 29, 2011 – Clearlease.com Reports After coming under pressure in the latter part of the previous session, stocks are seeing some further downside in early trading on Tuesday. The major averages have all slid into negative territory, giving back some ground after trending higher in recent sessions.
The early weakness may be partly due to the release of a report from Standard & Poor’s showing a continued decrease in housing prices in the month of January.
The report showed that the S&P/Case-Shiller 20-City Composite Home Price Index fell at an annual rate of 3.1 percent in January compared to a 2.4 percent drop in December. Economists had been expecting the index to decrease by about 3.3 percent.
David M. Blitzer, Chairman of the Index Committee at S&P, said, “Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future.”
“These data confirm what we have seen with recent housing starts and sales reports,” Blitzer added. “The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery.”
Meanwhile, the Conference Board is scheduled to release its consumer confidence report for March at 10 am ET. The report, which is based on a survey of 5,000 U.S. households, is expected to show that the consumer confidence index fell to 64.0 in March.
While selling pressure has remained relatively subdued, moderate weakness has emerged among gold, semiconductor and natural gas stocks. Housing stocks are also moving mostly lower, with Lennar (LEN) posting a notable loss despite reporting an unexpected first quarter profit.
The major averages are currently posting slim losses, just off their lows for the young session. The Dow is down 19.56 points or 0.2 percent at 12,178.32, the Nasdaq is down 6.46 points or 0.2 percent at 2,724.22 and the S&P 500 is down 4.28 points or 0.3 percent at 1,305.91.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease (DLC Clearlease)
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
###
Vancouver, B.C., Canada March 29, 2011 – Clearlease.com Reports After coming under pressure in the latter part of the previous session, stocks are seeing some further downside in early trading on Tuesday. The major averages have all slid into negative territory, giving back some ground after trending higher in recent sessions.
The early weakness may be partly due to the release of a report from Standard & Poor’s showing a continued decrease in housing prices in the month of January.
The report showed that the S&P/Case-Shiller 20-City Composite Home Price Index fell at an annual rate of 3.1 percent in January compared to a 2.4 percent drop in December. Economists had been expecting the index to decrease by about 3.3 percent.
David M. Blitzer, Chairman of the Index Committee at S&P, said, “Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future.”
“These data confirm what we have seen with recent housing starts and sales reports,” Blitzer added. “The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery.”
Meanwhile, the Conference Board is scheduled to release its consumer confidence report for March at 10 am ET. The report, which is based on a survey of 5,000 U.S. households, is expected to show that the consumer confidence index fell to 64.0 in March.
While selling pressure has remained relatively subdued, moderate weakness has emerged among gold, semiconductor and natural gas stocks. Housing stocks are also moving mostly lower, with Lennar (LEN) posting a notable loss despite reporting an unexpected first quarter profit.
The major averages are currently posting slim losses, just off their lows for the young session. The Dow is down 19.56 points or 0.2 percent at 12,178.32, the Nasdaq is down 6.46 points or 0.2 percent at 2,724.22 and the S&P 500 is down 4.28 points or 0.3 percent at 1,305.91.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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