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Choppy oil, stocks fall from highs

Melisa R. H. Posted On May 7, 2026
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The oil price bounced around Thursday with WTI eventually rising a dollar to US$96.10 by the close. By then, U.S. indices had sunk from recent highs; S&P -0.38%, the Nasdaq -0.13% and the Dow -0.63%. Energy was the worst performer on the TSX, dragging down the Canadian index by 0.37%.

Tech continued to dominate Wall Street: Datadog leapt 31.33% and Fortinet jumped 20.03%, though chipmakers slipped. Intel and Super Micro Computer both fell 3%. On Bay Street, B2Gold soared 11%, Maple Leaf Foods rallied 10.06%, but CNQ declined 2.09%, Nutrien plunged 7.46% and Celestica tumbled 7.04%. Tech led five sectors higher. Silver advanced 2.35% to US$79.05 while gold edged up $12 to US$4,705. Meanwhile, Bitcoin gave back 1.8% to US$79,960 while the U.S. 10-year yield crept up to 4.388%. 

💾 Datadog, Inc. (DDOG-Q) +31.33%

🖨 Fortinet Inc (FTNT-Q) +20.03%

💾 Intel (INTC-Q) -3%

💾 Super Micro Computer (SMCI-Q) -3%

🥇 B2Gold Corp. (BTO-T) +11%

🚚 Maple Leaf Foods (MFI-T) +10.06%

🛢 Canadian Natural Rsrcs (CNQ-T) -2.09%

🌿 Nutrien Ltd. (NTR-T) -7.46%

🧬 Celestica Inc (CLS-T) -7.04%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.8%

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