Oil climbs, stocks sink

Melisa R. H. Posted On July 20, 2026

New York and Toronto closed lower Monday as ongoing fighting between US and Iran pushed the price of oil ever higher. WTI rose 0.65% to US$83 while the S&P closed at -0.19%, the Nasdaq -0.05%, the Dow -0.59% and the TSX -0.81%. Precious metals were mixed: silver was up 0.8% to US $56.25, while gold slipped 0.25% to US$4,000.

Key names on Wall Street: Intel 2.13%, Apple -2.14%, Carvana -4.75%, Honeywell -4.33% and Oracle -3.98%. In Toronto: Enbridge -1.33%, Cenovus 1.51%, Royal Bank -2.11%, TD -2.3% and Aecon -6.56%. The U.S. 10-year yield climbed to 4.596%, and Bitcoin gained US$700 to US$65,180. All eyes will be on tech earnings in the coming days.

💾 Intel (INTC) +2.13%

🍎 Apple Inc (AAPL) -2.14%

🛍 Carvana (CVNA) -4.75%

🧬 Honeywell International (HON) -4.33%

💻 Oracle (ORCL) -3.98%

🛢 Enbridge (ENB.TO) -1.33%

🛢 Cenovus Energy (CVE.TO) +1.51%

🏛 Royal Bank (RY.TO) -2.11%

🏛 Toronto-Dominion Bank (TD.TO) -2.3%

⚙ Aecon Group Inc (ARE.TO) -6.56%