{"id":345187,"date":"2026-07-09T17:40:05","date_gmt":"2026-07-09T21:40:05","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345187"},"modified":"2026-07-09T17:40:09","modified_gmt":"2026-07-09T21:40:09","slug":"oil-sinks-materials-spike-stocks-up","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-sinks-materials-spike-stocks-up\/","title":{"rendered":"Oil sinks, materials spike, stocks up"},"content":{"rendered":"\n

The TSX regained 0.76% on the strength of materials rebounding sharply in names such as Lundin Mining<\/a>, up 6.98%, and First Majestic Silver<\/a> at 8.85%. Silver rallied nearly 2.9% to US$59.80, while gold added US$43 to US$41,21. Meanwhile, banks continued to rally with the Bank of Nova Scotia<\/a> climbing 1.31%, while BlackBerry<\/a> rallied 3.05% and CNQ<\/a> sank 1.15% on weakness in oil prices. WTI slid 2.22% to US$71.90 as markets keep an eye on the ever-changing situation in Iran.\u00a0\u00a0<\/p>\n\n\n\n

On Wall Street, tech had a good session with the Nasdaq advancing 1.3%. The S&P rose 0.8% and the Dow 0.27%. Key names: Costco<\/a> -4.21%, Hewlett Packard<\/a> 9.94%, Tesla<\/a> 3.17%, FedEx Freight<\/a> 7.64%, Paramount Skydance<\/a> -4.31%, and Lumentum Holdings<\/a> 11.13%. The U.S. 10-year yield held around 4.549% while\u00a0Bitcoin<\/a> jumped US$1,100 to US$63,170.<\/p>\n\n\n\n

⛏ Lundin Mining Corp. (LUN.TO)<\/a> +6.98%<\/p>\n\n\n\n

🥈 First Majestic Silver (AG.TO)<\/a> +8.85%<\/p>\n\n\n\n

🏛 Bank of Nova Scotia (BNS.TO)<\/a> +1.31%<\/p>\n\n\n\n

📱 BlackBerry (BB.TO)<\/a> +3.05%<\/p>\n\n\n\n

🛢 Canadian Natural Rsrcs (CNQ.TO)<\/a> -1.15%<\/p>\n\n\n\n

🛒 Costco Wholesale Corporation (COST)<\/a> -4.21%<\/p>\n\n\n\n

💾 Hewlett-Packard Co (HPQ)<\/a> +9.94%<\/p>\n\n\n\n

🚗 Tesla Inc (TSLA)<\/a> +3.17%<\/p>\n\n\n\n

📦 FedEx Freight Holding Company, Inc. (FDXF)<\/a> +7.64%<\/p>\n\n\n\n

🎞 Paramount Skydance Corporation (PSKY)<\/a> -4.31%<\/p>\n\n\n\n

🧬 Lumentum Holdings (LITE)<\/a> +11.13%<\/p>\n","protected":false},"excerpt":{"rendered":"

The TSX regained 0.76% on the strength of materials rebounding sharply in names such as Lundin Mining, up 6.98%, and First Majestic Silver at 8.85%. Silver rallied nearly 2.9% to US$59.80, while gold added US$43 to US$41,21. Meanwhile, banks continued […]<\/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-345187","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\/345187","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=345187"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345187\/revisions"}],"predecessor-version":[{"id":345188,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345187\/revisions\/345188"}],"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=345187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}