{"id":345128,"date":"2026-06-22T17:36:30","date_gmt":"2026-06-22T21:36:30","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345128"},"modified":"2026-06-22T17:36:33","modified_gmt":"2026-06-22T21:36:33","slug":"oil-sinks-spacex-plunges-markets-mixed","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-sinks-spacex-plunges-markets-mixed\/","title":{"rendered":"Oil sinks, SpaceX plunges, markets mixed"},"content":{"rendered":"\n<p>As a fragile peace hangs over the US-Israel-Iran war, the price of oil continued to sink as WTI fell 2.3% to US$74.80. Despite that, energy as well as materials were the strongest sectors on the TSX, which rose 0.43% on Monday to return above 35,000. Sectors were mixed with telcos and real estate fading the most. Gold added US$37 to US$4,192 while silver rose 0.5% to US$65.05. Key names on Bay Street included <a href=\"https:\/\/stockchase.com\/AGI-T\">Alamos Gold<\/a> up 7.87%, <a href=\"https:\/\/stockchase.com\/ATRL-T\">Atkins Realis<\/a> 6.11%, <a href=\"https:\/\/stockchase.com\/T-T\">Telus<\/a> -1.59%, <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources<\/a> -5.24% and <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space<\/a> -5.23%. Canada&#8217;s May inflation rate jumped to 3.2%, due to the spike in oil prices from the Mideast war.<\/p>\n\n\n\n<p>It was a different story on Wall Street where the S&amp;P closed 0.37%, the Nasdaq sank 1.32% while the Dow advanced 0.29%. <a href=\"https:\/\/stockchase.com\/SPCX-Q\">SpaceX<\/a> plunged 16.43% on its third-straight day of losses, while <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> soared 15.66%, <a href=\"https:\/\/stockchase.com\/COHR-Q\">Coherent<\/a>\u00a0jumped 9.22%, <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> sank 7.22% and <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> tumbled 6.98%. Bitcoin slipped 1% to US$64,400. The U.S. 10-year yield climbed to 4.509%.<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/AGI-T\">Alamos Gold Inc (AGI.TO)<\/a> +7.87%<\/p>\n\n\n\n<p>&#x1f9f1; <a href=\"https:\/\/stockchase.com\/ATRL-T\">AtkinsR\u00e9alis Group Inc. (ATRL.TO)<\/a> +6.11%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-T\">Telus Corp (T.TO)<\/a> -1.59%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources Inc. (PXT.TO)<\/a> -5.24%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space Ltd. (MDA.TO)<\/a> -5.23%<\/p>\n\n\n\n<p>&#x1f4e1; <a href=\"https:\/\/stockchase.com\/SPCX-Q\">SpaceX (SPCX)<\/a> -16.43%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer (SMCI)<\/a> +15.66%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/COHR-Q\">Coherent, Inc. (COHR)<\/a> +9.22%<\/p>\n\n\n\n<p>&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna (MRNA)<\/a> -7.22%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies (PLTR)<\/a> -6.98%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (BTC-USD)<\/a> -1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a fragile peace hangs over the US-Israel-Iran war, the price of oil continued to sink as WTI fell 2.3% to US$74.80. Despite that, energy as well as materials were the strongest sectors on the TSX, which rose 0.43% on [&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-345128","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\/345128","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=345128"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345128\/revisions"}],"predecessor-version":[{"id":345129,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345128\/revisions\/345129"}],"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=345128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}