Equipment Leasing News; US Major averages have seen some further upside, reaching new highs for the session July 13, 2011

Equipment Leasing News; US Major averages have seen some further upside, reaching new highs for the session July 13, 2011

VANCOUVER, BC (July 13, 2011) Dominion Lending Centres Clearlease Reports Stocks showed a notable move to the upside at the start of trading on Wednesday, July 13, 2011 rebounding after moving mostly lower over the course of the three previous sessions. The major averages have all moved higher but remain well off the highs set last Thursday.

In the past few minutes, the major averages have seen some further upside, reaching new highs for the young session. The Dow is up 86.81 points or 0.7 percent at 12,633.69, the Nasdaq is up 25.01 points or 0.9 percent at 2,806.92 and the S&P 500 is up 8.62 points or 0.7 percent at 1,322.26.

The early strength in the markets is partly due to better than expected Chinese GDP data, which offset some of the recent concerns about the global economic outlook.

While Chinese GDP growth slowed to 9.5 percent in the second quarter from 9.7 percent in the first quarter, the pace of growth still exceeded economist estimates for a 9.3 percent increase.

In U.S. economic news, the Labor Department released a report showing that U.S. import prices fell by 0.5 percent in June, reflecting the first drop in import prices in a year.

The drop in import prices was largely due to a 1.6 percent decrease in prices for fuel imports, which fell for the second consecutive month.

At the same time, the report showed that U.S. export prices edged up by 0.1 percent in June amid a 0.7 percent increase in prices for agricultural exports.

Trading could also be impacted by remarks from Federal Reserve Chairman Ben Bernanke, who is scheduled to testify before the House Financial Services Committee beginning at about 10 am ET.

Gold stocks are posting particularly strong gains in early trading, benefiting from a continued increase by the price of the precious metal. The NYSE Arca Gold Bugs Index is up by 2.4 percent, as gold for August delivery is up $15.10 at $1,577.40 an ounce after reaching a record high of $1,581.40 an ounce.

Electronic storage, health insurance, and oil service stocks are also seeing considerable strength, with the strength among oil service stocks coming despite a decrease by the price of crude oil. Most of the other major sectors are showing more modest upward moves.

In overseas trading, stock markets across the Asia-Pacific region moved mostly higher on Wednesday, partly offsetting the losses seen in the two previous sessions. Japan’s Nikkei 225 Index rose by 0.4 percent, while Hong Kong’s Hang Seng Index surged up by 1.2 percent.

Meanwhile, the major European markets are turning in a mixed performance on the day. The German DAX Index is up by 0.6 percent, while the U.K.’s FTSE 100 Index is nearly flat and the French CAC 40 Index is down by 0.2 percent.

In the bond market, treasuries are seeing modest weakness but have bounced well off their lows for the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is up by less than a basis point at 2.915 percent after reaching a high of 2.937 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

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About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/ 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

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]
Twitter: @clearlease


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