Dominion Lending Centres Clearlease Reports TSX shrugs off bin Laden death

Dominion Lending Centres Clearlease Reports TSX shrugs off bin Laden death

VANCOUVER, BRITISH COLUMBIA – (May 2, 2011) Clearlease Reports Toronto’s main stock market surrendered strong early gains, but remained in positive territory Monday afternoon as investors shrugged off news of the death of al-Qaida leader Osama bin Laden, while waiting for the results of a federal election.

In mid-afternoon activity, the S&P/TSX composite index was up 24.58 points, or 0.2 per cent, at 13,969.37 after touching a high of 14,089.10 earlier in the session.

Most of the major subgroups were higher, led by a one per cent boost from the heavily weighted financial group, a one per cent rise in the consumer staples index and a 0.5 per cent climb in the mining group. The influential energy group was little changed.

Conversely, the global gold index was off 1.5 per cent and the materials group was down one per cent even as the price for an ounce of gold rose $2.10 to $1,558.50.

The Canadian dollar was at 105.33 US.

The closely watched Dow Jones industrial average was up 10.14 points at 12,820.68

President Barack Obama’s announcement that the man who inspired the deadly Sept. 11, 2001, terror attacks in the United States had been killed in an operation by special forces in Pakistan, prompted an increase in investors’ appetite for risk. That usually benefits assets like stocks but dents widely-considered financial safe havens, such as gold.

News of Bin Laden’s, although welcomed relief, did not influence the markets much, pundits said.

“But it’s definitely a factor today,” said John Stephenson, portfolio manager at First Asset Funds. “I think people will see this as a positive in the war against terrorism and while it certainly doesn’t have any direct influence over business or the markets per se, it’s just that it’s kind of a feel-good scenario.”

However, due to holidays in Britain, China, Hong Kong, Malaysia, Singapore and Thailand, the reaction hasn’t been too substantial.

Benchmark crude for June delivery was off 46 cents at $113.47 a barrel in electronic trading on the New York Mercantile Exchange.

Meanwhile, local market watchers will also keep a close eye of the political front as Canadian are set to go to the polls Monday.

An election that once seemed a non-event has jolted investors awake on the prospect that the NDP could pick up more seats in Monday’s federal election, which could send traders to buffer themselves from potential political uncertainty. Conservative leader Stephen Harper delivered a dire message — about higher spending, gas prices, deficits, taxes, unemployment and other economic ills — on what might happen under the New Democratic Party led by Jack Layton.

Markets appear to share at least some of his concerns, according to John Kurgan, senior markets strategist at Lind-Waldock.

“The sudden surge or increase by the NDP in the polls, that’s caused a little bit of concern and it’s likely that I will be busy Monday evening trading the Canadian dollar,” Kurgan said.

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: clearlease@gmail.com
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 TSX shrugs off bin Laden death

VANCOUVER, BRITISH COLUMBIA – (May 2, 2011) Clearlease Reports Toronto’s main stock market surrendered strong early gains, but remained in positive territory Monday afternoon as investors shrugged off news of the death of al-Qaida leader Osama bin Laden, while waiting for the results of a federal election.

In mid-afternoon activity, the S&P/TSX composite index was up 24.58 points, or 0.2 per cent, at 13,969.37 after touching a high of 14,089.10 earlier in the session.

Most of the major subgroups were higher, led by a one per cent boost from the heavily weighted financial group, a one per cent rise in the consumer staples index and a 0.5 per cent climb in the mining group. The influential energy group was little changed.

Conversely, the global gold index was off 1.5 per cent and the materials group was down one per cent even as the price for an ounce of gold rose $2.10 to $1,558.50.

The Canadian dollar was at 105.33 US.

The closely watched Dow Jones industrial average was up 10.14 points at 12,820.68

President Barack Obama’s announcement that the man who inspired the deadly Sept. 11, 2001, terror attacks in the United States had been killed in an operation by special forces in Pakistan, prompted an increase in investors’ appetite for risk. That usually benefits assets like stocks but dents widely-considered financial safe havens, such as gold.

News of Bin Laden’s, although welcomed relief, did not influence the markets much, pundits said.

“But it’s definitely a factor today,” said John Stephenson, portfolio manager at First Asset Funds. “I think people will see this as a positive in the war against terrorism and while it certainly doesn’t have any direct influence over business or the markets per se, it’s just that it’s kind of a feel-good scenario.”

However, due to holidays in Britain, China, Hong Kong, Malaysia, Singapore and Thailand, the reaction hasn’t been too substantial.

Benchmark crude for June delivery was off 46 cents at $113.47 a barrel in electronic trading on the New York Mercantile Exchange.

Meanwhile, local market watchers will also keep a close eye of the political front as Canadian are set to go to the polls Monday.

An election that once seemed a non-event has jolted investors awake on the prospect that the NDP could pick up more seats in Monday’s federal election, which could send traders to buffer themselves from potential political uncertainty. Conservative leader Stephen Harper delivered a dire message — about higher spending, gas prices, deficits, taxes, unemployment and other economic ills — on what might happen under the New Democratic Party led by Jack Layton.

Markets appear to share at least some of his concerns, according to John Kurgan, senior markets strategist at Lind-Waldock.

“The sudden surge or increase by the NDP in the polls, that’s caused a little bit of concern and it’s likely that I will be busy Monday evening trading the Canadian dollar,” Kurgan said.

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: clearlease@gmail.com
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 TSX shrugs off bin Laden death

VANCOUVER, BRITISH COLUMBIA – (May 2, 2011) Clearlease Reports Toronto’s main stock market surrendered strong early gains, but remained in positive territory Monday afternoon as investors shrugged off news of the death of al-Qaida leader Osama bin Laden, while waiting for the results of a federal election.

In mid-afternoon activity, the S&P/TSX composite index was up 24.58 points, or 0.2 per cent, at 13,969.37 after touching a high of 14,089.10 earlier in the session.

Most of the major subgroups were higher, led by a one per cent boost from the heavily weighted financial group, a one per cent rise in the consumer staples index and a 0.5 per cent climb in the mining group. The influential energy group was little changed.

Conversely, the global gold index was off 1.5 per cent and the materials group was down one per cent even as the price for an ounce of gold rose $2.10 to $1,558.50.

The Canadian dollar was at 105.33 US.

The closely watched Dow Jones industrial average was up 10.14 points at 12,820.68

President Barack Obama’s announcement that the man who inspired the deadly Sept. 11, 2001, terror attacks in the United States had been killed in an operation by special forces in Pakistan, prompted an increase in investors’ appetite for risk. That usually benefits assets like stocks but dents widely-considered financial safe havens, such as gold.

News of Bin Laden’s, although welcomed relief, did not influence the markets much, pundits said.

“But it’s definitely a factor today,” said John Stephenson, portfolio manager at First Asset Funds. “I think people will see this as a positive in the war against terrorism and while it certainly doesn’t have any direct influence over business or the markets per se, it’s just that it’s kind of a feel-good scenario.”

However, due to holidays in Britain, China, Hong Kong, Malaysia, Singapore and Thailand, the reaction hasn’t been too substantial.

Benchmark crude for June delivery was off 46 cents at $113.47 a barrel in electronic trading on the New York Mercantile Exchange.

Meanwhile, local market watchers will also keep a close eye of the political front as Canadian are set to go to the polls Monday.

An election that once seemed a non-event has jolted investors awake on the prospect that the NDP could pick up more seats in Monday’s federal election, which could send traders to buffer themselves from potential political uncertainty. Conservative leader Stephen Harper delivered a dire message — about higher spending, gas prices, deficits, taxes, unemployment and other economic ills — on what might happen under the New Democratic Party led by Jack Layton.

Markets appear to share at least some of his concerns, according to John Kurgan, senior markets strategist at Lind-Waldock.

“The sudden surge or increase by the NDP in the polls, that’s caused a little bit of concern and it’s likely that I will be busy Monday evening trading the Canadian dollar,” Kurgan said.

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: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk



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