{"id":344743,"date":"2026-03-10T17:41:30","date_gmt":"2026-03-10T21:41:30","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=344743"},"modified":"2026-03-10T17:41:34","modified_gmt":"2026-03-10T21:41:34","slug":"oil-sinks-markets-sideways-as-war-rages","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-sinks-markets-sideways-as-war-rages\/","title":{"rendered":"Oil sinks, markets sideways as war rages"},"content":{"rendered":"\n<p>As the US-Israel-Iran war continues and no oil passes through the Strait of Hormuz, markets went sideways on Tuesday and the price of oil plunged from Monday&#8217;s spike. WTI fell nearly 9% to US$88.35, while the Nasdaq was flat, the S&amp;P slipped 0.21% and the Dow shed 0.07%. In Toronto, the TSX gained 0.25% or more than 80 points as silver advanced 1.65% to US$88.35 and gold increased US$59 to US$5,197.<\/p>\n\n\n\n<p>Sectors were mixed on Bay Street after materials and financials led while tech and industrials lagged. <a href=\"https:\/\/stockchase.com\/GSY-T\">Goeasy<\/a> cratered 56.97% after it suspended share buybacks and withheld its forecast. <a href=\"https:\/\/stockchase.com\/TRI-T\">Thomson Reuters<\/a> tumbled 7.03%, <a href=\"https:\/\/stockchase.com\/CIGI-T\">Colliers<\/a> fell 4.92% though <a href=\"https:\/\/stockchase.com\/SVM-T\">Silvercorp\u00a0Metals<\/a> rallied 6.7% and <a href=\"https:\/\/stockchase.com\/DML-T\">Denison Mines<\/a> rose 5.78%. On Wall Street, <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning<\/a> advanced 5.56%, <a href=\"https:\/\/stockchase.com\/VRTX-Q\">Vertex<\/a> 8.31%, <a href=\"https:\/\/stockchase.com\/CIEN-N\">Ciena<\/a> 5.91%, though <a href=\"https:\/\/stockchase.com\/CNC-N\">Centene<\/a> tanked 15.97% and <a href=\"https:\/\/stockchase.com\/APP-Q\">AppLovin<\/a> slid 7.7%. The U.S. 10-year yield rose to 4.156%.<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/GSY-T\">goeasy (GSY-T)<\/a> -56.97%<\/p>\n\n\n\n<p>&#x1f5a8; <a href=\"https:\/\/stockchase.com\/TRI-T\">Thomson Reuters Corp (TRI-T)<\/a> -7.03%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/CIGI-T\">Colliers International Group (CIGI-T)<\/a> -4.92%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/SVM-T\">Silvercorp Metals Inc. (SVM-T)<\/a> +6.7%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/DML-T\">Denison Mines Corp (DML-T)<\/a> +5.78%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning Inc (GLW-N)<\/a> +5.56%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/VRTX-Q\">Vertex Pharmaceuticals Inc. (VRTX-Q)<\/a> +8.31%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CIEN-N\">Ciena (CIEN-N)<\/a> +5.91%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/CNC-N\">Centene (CNC-N)<\/a> -15.97%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/APP-Q\">AppLovin Corporation (APP-Q)<\/a> -7.7%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the US-Israel-Iran war continues and no oil passes through the Strait of Hormuz, markets went sideways on Tuesday and the price of oil plunged from Monday&#8217;s spike. WTI fell nearly 9% to US$88.35, while the Nasdaq was flat, the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-344743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=344743"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344743\/revisions"}],"predecessor-version":[{"id":344744,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344743\/revisions\/344744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=344743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}