Dominion Lending Centres Clearlease Reports US Stocks moved sharply higher at the start of trading on Tuesday June 14, 2011
VANCOUVER, BC (June 14, 2011) Dominion Lending Centres Clearlease Reports Stocks moved sharply higher at the start of trading on Tuesday June 14, 2011, as traders reacted positively to the latest batch of economic data. The major averages all showed strong upward moves after ending the previous session nearly flat.
The major averages have seen some further upside in recent trading, rising to new highs for the young session. The Dow is currently up 123.14 points or 1 percent to 12,076.11, the Nasdaq is up 32.16 points or 1.2 percent at 2,671.85 and the S&P 500 is up 15.04 points or 1.2 percent at 1,286.87.
The initial strength on Wall Street was partly due to upbeat Chinese economic data that helped to offset some of the recent concerns about the outlook for the global economy.
Reports from China showed that industrial production in the country rose at an annual rate of 13.3 percent in May, while Chinese retail sales for the month were up by 16.9 percent year-over-year.
A report showing a smaller than expected drop in U.S. retail sales also generated some positive sentiment, with the drop largely due to lower auto sales.
The report from the Commerce Department showed that U.S. retail sales for May came in at $387.1 billion, a 0.2 percent decline from April. Economists had been expecting sales to fall by 0.3 percent.
Much of the weakness in retail sales was caused by a 2.9 percent drop in motor vehicle and parts sales. Excluding the auto sector, retail sales rose by 0.3 percent.
In other U.S. economic news, the Labor Department released a report showing that producer prices for the month of May increased at the slowest rate in ten months, as a drop in food prices offset a continued increase in energy prices.
Electronic storage stocks have shown a substantial move to the upside in early trading, driving the NYSE Arca Disk Drive Index up by 3.7 percent. Hutchinson Technology (HTCH) is leading the sector higher after upwardly revising its guidance for third quarter suspension assembly shipments.
Housing, semiconductor, and energy stocks are also seeing considerable strength on the day, with energy stocks moving higher along with the price of crude oil.
In overseas trading, stock markets across the Asia-Pacific region closed mostly higher on Tuesday. Japan’s benchmark Nikkei 225 Index and China’s Shanghai Composite Index both rose by 1.1 percent, while Australia’s All Ordinaries Index advanced by 0.4 percent.
The major European markets are also moving to the upside on the day. The U.K.’s FTSE 100 Index is up by 0.7 percent, while the French CAC 40 Index and the German DAX Index are advancing by 1.6 percent and 1.8 percent, respectively.
In the bond market, treasuries have moved lower amid the strength among stocks. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 7.5 basis points at 3.066 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
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.
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/f_kk7WJa7Uk
VANCOUVER, BC (June 14, 2011) Dominion Lending Centres Clearlease Reports Stocks moved sharply higher at the start of trading on Tuesday June 14, 2011, as traders reacted positively to the latest batch of economic data. The major averages all showed strong upward moves after ending the previous session nearly flat.
The major averages have seen some further upside in recent trading, rising to new highs for the young session. The Dow is currently up 123.14 points or 1 percent to 12,076.11, the Nasdaq is up 32.16 points or 1.2 percent at 2,671.85 and the S&P 500 is up 15.04 points or 1.2 percent at 1,286.87.
The initial strength on Wall Street was partly due to upbeat Chinese economic data that helped to offset some of the recent concerns about the outlook for the global economy.
Reports from China showed that industrial production in the country rose at an annual rate of 13.3 percent in May, while Chinese retail sales for the month were up by 16.9 percent year-over-year.
A report showing a smaller than expected drop in U.S. retail sales also generated some positive sentiment, with the drop largely due to lower auto sales.
The report from the Commerce Department showed that U.S. retail sales for May came in at $387.1 billion, a 0.2 percent decline from April. Economists had been expecting sales to fall by 0.3 percent.
Much of the weakness in retail sales was caused by a 2.9 percent drop in motor vehicle and parts sales. Excluding the auto sector, retail sales rose by 0.3 percent.
In other U.S. economic news, the Labor Department released a report showing that producer prices for the month of May increased at the slowest rate in ten months, as a drop in food prices offset a continued increase in energy prices.
Electronic storage stocks have shown a substantial move to the upside in early trading, driving the NYSE Arca Disk Drive Index up by 3.7 percent. Hutchinson Technology (HTCH) is leading the sector higher after upwardly revising its guidance for third quarter suspension assembly shipments.
Housing, semiconductor, and energy stocks are also seeing considerable strength on the day, with energy stocks moving higher along with the price of crude oil.
In overseas trading, stock markets across the Asia-Pacific region closed mostly higher on Tuesday. Japan’s benchmark Nikkei 225 Index and China’s Shanghai Composite Index both rose by 1.1 percent, while Australia’s All Ordinaries Index advanced by 0.4 percent.
The major European markets are also moving to the upside on the day. The U.K.’s FTSE 100 Index is up by 0.7 percent, while the French CAC 40 Index and the German DAX Index are advancing by 1.6 percent and 1.8 percent, respectively.
In the bond market, treasuries have moved lower amid the strength among stocks. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 7.5 basis points at 3.066 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
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.
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/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports US Stocks moved sharply higher at the start of trading on Tuesday June 14, 2011
VANCOUVER, BC (June 14, 2011) Dominion Lending Centres Clearlease Reports Stocks moved sharply higher at the start of trading on Tuesday June 14, 2011, as traders reacted positively to the latest batch of economic data. The major averages all showed strong upward moves after ending the previous session nearly flat.
The major averages have seen some further upside in recent trading, rising to new highs for the young session. The Dow is currently up 123.14 points or 1 percent to 12,076.11, the Nasdaq is up 32.16 points or 1.2 percent at 2,671.85 and the S&P 500 is up 15.04 points or 1.2 percent at 1,286.87.
The initial strength on Wall Street was partly due to upbeat Chinese economic data that helped to offset some of the recent concerns about the outlook for the global economy.
Reports from China showed that industrial production in the country rose at an annual rate of 13.3 percent in May, while Chinese retail sales for the month were up by 16.9 percent year-over-year.
A report showing a smaller than expected drop in U.S. retail sales also generated some positive sentiment, with the drop largely due to lower auto sales.
The report from the Commerce Department showed that U.S. retail sales for May came in at $387.1 billion, a 0.2 percent decline from April. Economists had been expecting sales to fall by 0.3 percent.
Much of the weakness in retail sales was caused by a 2.9 percent drop in motor vehicle and parts sales. Excluding the auto sector, retail sales rose by 0.3 percent.
In other U.S. economic news, the Labor Department released a report showing that producer prices for the month of May increased at the slowest rate in ten months, as a drop in food prices offset a continued increase in energy prices.
Electronic storage stocks have shown a substantial move to the upside in early trading, driving the NYSE Arca Disk Drive Index up by 3.7 percent. Hutchinson Technology (HTCH) is leading the sector higher after upwardly revising its guidance for third quarter suspension assembly shipments.
Housing, semiconductor, and energy stocks are also seeing considerable strength on the day, with energy stocks moving higher along with the price of crude oil.
In overseas trading, stock markets across the Asia-Pacific region closed mostly higher on Tuesday. Japan’s benchmark Nikkei 225 Index and China’s Shanghai Composite Index both rose by 1.1 percent, while Australia’s All Ordinaries Index advanced by 0.4 percent.
The major European markets are also moving to the upside on the day. The U.K.’s FTSE 100 Index is up by 0.7 percent, while the French CAC 40 Index and the German DAX Index are advancing by 1.6 percent and 1.8 percent, respectively.
In the bond market, treasuries have moved lower amid the strength among stocks. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 7.5 basis points at 3.066 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
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.
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/f_kk7WJa7Uk