{"id":345471,"date":"2026-09-28T16:00:00","date_gmt":"2026-09-28T20:00:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345471"},"modified":"2026-09-28T17:53:15","modified_gmt":"2026-09-28T21:53:15","slug":"stocks-sink-as-yield-and-oil-rise","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-sink-as-yield-and-oil-rise\/","title":{"rendered":"Stocks sink as yield and oil rise"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The trading week began in the red with the S&amp;P closing -0.85%, the Nasdaq -0.92%, The Dow -0.77% and the TSX -0.87%. Iran rejected Trump&#8217;s latest demands to open the Strait of Hormuz, sending WTI 0.5% higher by the end of the session to US$92.90. Meanwhile, the U.S. 10-year yield jumped to 5.234% to reach another 52-week high.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sectors were mixed on the TSX with modest\u00a0gains in discretionary, but heavy selling in materials. Gold tumbled 3.8% to US$4,120 while silver plunged 5.6% to US$60.55. Major movers on Bay Street: <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> 8.12%, <a href=\"https:\/\/stockchase.com\/GIL-T\">Gildan<\/a> 4.19%, <a href=\"https:\/\/stockchase.com\/LUG-T\">Lundin Gold<\/a> -6.18%, <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE<\/a> -1.68% and <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Mining<\/a> -4.15%. On Wall Street: <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto<\/a> 4.63%, <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> -5.67%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -3.94%, <a href=\"https:\/\/stockchase.com\/DASH-N\">DoorDash<\/a> -7.74% and <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm<\/a> -7.17%. Meanwhile, <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> slid 1.3% to US$83,435.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry (BB.TO)<\/a> +8.12%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f455; <a href=\"https:\/\/stockchase.com\/GIL-T\">Gildan Activewear Inc. (GIL.TO)<\/a> +4.19%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f947; <a href=\"https:\/\/stockchase.com\/LUG-T\">Lundin Gold Inc. (LUG.TO)<\/a> -6.18%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE Inc. (BCE.TO)<\/a> -1.68%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x26cf; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Mining (ABX.TO)<\/a> -4.15%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto Networks (PANW)<\/a> +4.63%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC)<\/a> -5.67%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA)<\/a> -3.94%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6eb; <a href=\"https:\/\/stockchase.com\/DASH-N\">Doordash (DASH)<\/a> -7.74%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f9ec; <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm (QCOM)<\/a> -7.17%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (BTC-USD)<\/a> -1.3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trading week began in the red with the S&amp;P closing -0.85%, the Nasdaq -0.92%, The Dow -0.77% and the TSX -0.87%. Iran rejected Trump&#8217;s latest demands to open the Strait of Hormuz, sending WTI 0.5% higher by the end [&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-345471","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\/345471","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=345471"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345471\/revisions"}],"predecessor-version":[{"id":345472,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345471\/revisions\/345472"}],"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=345471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}