{"id":345302,"date":"2026-08-10T17:35:00","date_gmt":"2026-08-10T21:35:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345302"},"modified":"2026-08-10T18:46:24","modified_gmt":"2026-08-10T22:46:24","slug":"oil-drives-tsx-and-yields-higher","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-drives-tsx-and-yields-higher\/","title":{"rendered":"Oil drives TSX and yields higher"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As peace negotiations between the U.S. and Iran broke down again, the price of oil Monday jumped as did yields while the fear of inflation looms. WTI crude rose 5.3% to US$82.20 as the U.S. 10-year yield leapt\u00a0to a 52-week high of 4.705%. By far, energy was the strongest sector on the TSX, pushing it 77 points higher to a record close of 36,458. Eight sectors lagged, led by real estate, telcos and utilities. Big movers included <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a>, up 4.35%, <a href=\"https:\/\/stockchase.com\/IPCO-T\">International Petroleum<\/a> 8.24%, <a href=\"https:\/\/stockchase.com\/SPB-T\">Superior Plus<\/a> -9.02%, <a href=\"https:\/\/stockchase.com\/SCR-TO\">Strathcona Resources<\/a> 8.74% and <a href=\"https:\/\/stockchase.com\/ABX-N\">Barrick Gold<\/a> -6.45%. Gold itself rose US$49 to US$4,391 and silver rallied 3.35% to US$65.65.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, the American indices closed lower: S&amp;P -0.06%, the Nasdaq -0.32% and the Dow -0.11%. Key movers: <a href=\"https:\/\/stockchase.com\/MPC-N\">Marathon Petroleum<\/a> 7.42%, <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> -4.06%, <a href=\"https:\/\/stockchase.com\/DDOG-Q\">Datadog<\/a> 11.48%, <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto<\/a> 5.82% and <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -2.86%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 1.6% to US$64,660.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU.TO)<\/a> +4.35%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6e2; <a href=\"https:\/\/stockchase.com\/IPCO-T\">International Petroleum Company (IPCO.TO)<\/a> +8.24%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f69a; <a href=\"https:\/\/stockchase.com\/SPB-T\">Superior Plus Corp (SPB.TO)<\/a> -9.02%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SCR-TO\">Strathcona Resources (SCR.TO)<\/a> +8.74%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-N\">Barrick Gold Corp (ABX)<\/a> -6.45%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6e2; <a href=\"https:\/\/stockchase.com\/MPC-N\">Marathon Petroleum (MPC)<\/a> +7.42%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC)<\/a> -4.06%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/DDOG-Q\">Datadog, Inc. (DDOG)<\/a> +11.48%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto Networks (PANW)<\/a> +5.82%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA)<\/a> -2.86%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (BTC-USD)<\/a> -1.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As peace negotiations between the U.S. and Iran broke down again, the price of oil Monday jumped as did yields while the fear of inflation looms. WTI crude rose 5.3% to US$82.20 as the U.S. 10-year yield leapt\u00a0to a 52-week [&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-345302","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\/345302","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=345302"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345302\/revisions"}],"predecessor-version":[{"id":345303,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345302\/revisions\/345303"}],"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=345302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}