{"id":344854,"date":"2026-04-13T17:35:00","date_gmt":"2026-04-13T21:35:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=344854"},"modified":"2026-04-13T22:49:42","modified_gmt":"2026-04-14T02:49:42","slug":"stocks-oil-climb-as-u-s-blockades-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-oil-climb-as-u-s-blockades-strait-of-hormuz\/","title":{"rendered":"Stocks, oil climb as U.S. blockades Strait of Hormuz"},"content":{"rendered":"\n<p>Stocks and oil rose Monday, despite a new U.S. blockade of the Strait of Hormuz, peace talks between the U.S. and Iran collapsed over the weekend. The S&amp;P climbed 1.02%, the Nasdaq 1.23%, the Dow 0.63% and the TSX 0.51%. WTI traded above $100 earlier in the day, but by the close fell below US$98, adding 1.4%. Meanwhile, gold slipped US$6 to US$4,743 and silver dipped 0.5% to US$75.35.<\/p>\n\n\n\n<p>On Wall Street, <a href=\"https:\/\/stockchase.com\/ORCL-N\">Oracle<\/a> jumped 12.69%, <a href=\"https:\/\/stockchase.com\/SNDK-Q\">Sandisk<\/a> 11.83%, <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> 4.49%, while <a href=\"https:\/\/stockchase.com\/T-N\">AT&amp;T<\/a> fell 3.21% and <a href=\"https:\/\/stockchase.com\/PG-N\">PG&amp;E<\/a> tumbled 4.31%. In Toronto, telcos, financials and especially tech led eight sectors higher while staples lagged the most. <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> rallied 3.15%, <a href=\"https:\/\/stockchase.com\/SAP-T\">Saputo<\/a> sank 9.19% after a downgrade, <a href=\"https:\/\/stockchase.com\/LAC-T\">Lithium Americas<\/a> popped 7.28%, <a href=\"https:\/\/stockchase.com\/SES-T\">Secure Waste Infrastructure<\/a> gained 5.06% after announcing that <a href=\"https:\/\/stockchase.com\/GFL-T\">GFL Environmental<\/a> was buying it (GFL fell 10.05%).\u00a0<\/p>\n\n\n\n<p>The U.S. 10-year yield dipped to 4.293% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> rose 2.5% to US$73,135.<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/ORCL-N\">Oracle (ORCL-N)<\/a> +12.69%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SNDK-Q\">Sandisk Corp (SNDK-Q)<\/a> +11.83%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC-Q)<\/a> +4.49%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-N\">AT&amp;T (T-N)<\/a> -3.21%<\/p>\n\n\n\n<p>&#x1f9fc; <a href=\"https:\/\/stockchase.com\/PG-N\">Procter &amp; Gamble (PG-N)<\/a> -4.31%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +3.15%<\/p>\n\n\n\n<p>&#x1f371; <a href=\"https:\/\/stockchase.com\/SAP-T\">Saputo Inc. (SAP-T)<\/a> -9.19%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/LAC-T\">Lithium Americas Corp (LAC-T)<\/a> +7.28%<\/p>\n\n\n\n<p>&#x267b; <a href=\"https:\/\/stockchase.com\/SES-T\">SECURE Waste Infrastructure Corp. (SES-T)<\/a> +5.06%<\/p>\n\n\n\n<p>&#x267b; <a href=\"https:\/\/stockchase.com\/GFL-T\">GFL Environmental Inc. (GFL-T)<\/a> -10.05%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +2.05%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks and oil rose Monday, despite a new U.S. blockade of the Strait of Hormuz, peace talks between the U.S. and Iran collapsed over the weekend. The S&amp;P climbed 1.02%, the Nasdaq 1.23%, the Dow 0.63% and the TSX 0.51%. [&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-344854","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\/344854","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=344854"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344854\/revisions"}],"predecessor-version":[{"id":344855,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344854\/revisions\/344855"}],"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=344854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}