VANCOUVER, BC (July 14, 2011) Dominion Lending Centres Clearlease Reports With US traders reacting positively to a slew of U.S. economic data, stocks have shown a notable upward move over the course of early trading on Thursday July 14, 2011.
The major averages have seen some further upside in recent trading, rising to new highs for the young session. The Dow is currently up 79.32 points or 0.6 percent at 12,570.93, the Nasdaq is up 17.83 points or 0.6 percent at 2,814.75 and the S&P 500 is up 8.52 points or 0.7 percent at 1,326.24.
The early strength on Wall Street is partly due to the release of a report from the Commerce Department showing an unexpected increase in June retail sales.
The report showed that retail sales edged up by 0.1 percent in June compared to a revised 0.1 percent decrease in May. The modest increase surprised economists, who had expected sales to come in unchanged compared to the 0.2 percent drop originally reported for the previous month.
Excluding a 0.8 percent increase in auto sales, however, retail sales came in unchanged in June, while economists had expected ex-auto sales to inch up by 0.1 percent.
A Labor Department report showing a notable drop in weekly jobless claims has also generated some buying interest, with jobless claims falling to 405,000 in the week ended July 9th from the previous week’s revised figure of 427,000.
While jobless claims fell to their lowest level since mid-April, they remained above the key 400,000 level for the fourteenth consecutive week.
A separate report from the Labor Department showed a bigger than expected drop in producer prices due to a sharp drop in energy prices.
Meanwhile, traders seem to have shrugged off news that Moody’s placed its “AAA” debt rating on the U.S. under review for a possible downgrade. The agency attributed its decision to the ongoing bickering in the U.S. Congress over the issue of raising the nation’s debt ceiling before an August 2nd deadline.
On the corporate news front, J.P. Morgan (JPM) is up by 3.4 percent after reporting second quarter earnings of $1.27 per share, higher than $1.09 per share in the year-ago quarter. Net revenues rose 7 percent to $26.78 billion. Analysts estimated earnings of $1.21 per share on revenues of $25.13 billion.
Oil stocks have shown a strong upward move early on, driving the NYSE Arca Oil Index up by 1.5 percent. The strength in the sector comes amid an increase by the price of oil, which is moving higher for the third straight day.
Computer hardware, semiconductor, and banking stocks have also shown notable moves to the upside, moving higher along with most of the major sectors.
n overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance on Thursday. Japan’s benchmark Nikkei 225 Index fell by 0.3 percent, while Hong Kong’s Hang Seng Index edged up by 0.1 percent.
Meanwhile, the major European markets are all moving to the downside on the day. The German DAX Index is down by 0.3 percent, while the U.K.’s FTSE 100 Index and the French CAC 40 Index are both down by 0.4 percent.
In the bond market, treasuries are seeing moderate weakness in response to the economic data. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 3 basis points at 2.921 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
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Video Link: http://youtu.be/fROP17iUSEg
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