{"id":344751,"date":"2026-03-12T16:52:21","date_gmt":"2026-03-12T20:52:21","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=344751"},"modified":"2026-03-12T16:52:24","modified_gmt":"2026-03-12T20:52:24","slug":"oil-spikes-markets-tumble-again-amid-war","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-spikes-markets-tumble-again-amid-war\/","title":{"rendered":"Oil spikes, markets tumble again amid war"},"content":{"rendered":"\n<p>Ongoing worries over the US-Israel-Iran war weighed on markets as the major indices&nbsp;slid on Thursday while oil spiked again. WTI jumped over 10% to US$96.20 as several&nbsp;countries untap their reserves&nbsp;and the Strait of Hormuz remains frozen during warfare. The S&amp;P closed -1.52%, the Nasdaq -1.78%, the Dow -1.56% and the TSX -0.83% or down 275 points. Gold slipped 1.7% to US$5,085 while silver declined 1.5% to US$84.35.<\/p>\n\n\n\n<p>In Toronto, energy made outsized gains as healthcare, industrials and tech led nine sectors downward. Major movers: <a href=\"https:\/\/stockchase.com\/NFi-T\">NFI Group<\/a> 6.61%, <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> 3.1%, <a href=\"https:\/\/stockchase.com\/GSY-T\">Goeasy<\/a> -13.89%, <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space<\/a> -7.15% and <a href=\"https:\/\/stockchase.com\/TFII-T\">TFI International<\/a> -6.93%. In New York: <a href=\"https:\/\/stockchase.com\/SLB-N\">SLB<\/a> -7.49%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -1.53%, <a href=\"https:\/\/stockchase.com\/CRL-N\">Charles River Labs<\/a> -9.78%, <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival<\/a> -7.99% and <a href=\"https:\/\/stockchase.com\/EL-N\">Estee Lauder<\/a> -7.92% The U.S. 10-year yield climbed to 4.263% on fears that a prolonged war will fuel inflation.<\/p>\n\n\n\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/NFi-T\">New Flyer Industries Inc. (NFI-T)<\/a> +6.61%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> +3.1%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/GSY-T\">goeasy (GSY-T)<\/a> -13.89%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space Ltd. (MDA-T)<\/a> -7.15%<\/p>\n\n\n\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/TFII-T\">TFI International Inc (TFII-T)<\/a> -6.93%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SLB-N\">Schlumberger Ltd. (SLB-N)<\/a> -7.49%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> -1.53%<\/p>\n\n\n\n<p>&#x1f9eb; <a href=\"https:\/\/stockchase.com\/CRL-N\">Charles River Labs Intl (CRL-N)<\/a> -9.78%<\/p>\n\n\n\n<p>&#x1f6a2; <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival Corp. (CCL-N)<\/a> -7.99%<\/p>\n\n\n\n<p>&#x1f484; <a href=\"https:\/\/stockchase.com\/EL-N\">Estee Lauder (EL-N)<\/a> -7.92%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ongoing worries over the US-Israel-Iran war weighed on markets as the major indices&nbsp;slid on Thursday while oil spiked again. WTI jumped over 10% to US$96.20 as several&nbsp;countries untap their reserves&nbsp;and the Strait of Hormuz remains frozen during warfare. The S&amp;P [&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-344751","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\/344751","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=344751"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344751\/revisions"}],"predecessor-version":[{"id":344752,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344751\/revisions\/344752"}],"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=344751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}