U.S. stocks climb to their best day since the Iran war began after oil prices ease
Firms with big fuel bills, Nvidia, trade higher
- By: Stan Choe, The Associated Press
- March 16, 2026 March 16, 2026
- 09:33
Firms with big fuel bills, Nvidia, trade higher
Economists expect oil shock will fuel higher inflation in months ahead
Investors sift through "ugly" jobs report in Canada, U.S. economic data
Iran War has choked off most tanker transport through the Strait of Hormuz
GDP and jobs growth, inflation, are weighing on consumer sentiment
Five-year plan doubles down on tech investment for growth
PM is also seeking to fast-track northern road, hydro projects
Motor vehicle sales dropped 38.9%, to their lowest level since 2021
Layoffs and number of Americans quitting their jobs both fell slightly
Core prices jumped 0.4% for the second straight month
Revised number is half the original estimate
"Very bad" jobs report pushes unemployment rate to 6.7%
Canadian Natural Resources Ltd. and Suncor Energy Inc. gained 3.10% and 2.98%, respectively
The price of a barrel of Brent crude, the international standard, got as high as US$101.59 overnight
The International Energy Agency has agreed to release 400 million barrels of oil from member nations' stockpiles
The agency reported a $1.3 billion trade deficit in December
The U.S. energy secretary said the supply of global oil is facing a ‘significant disruption’
Tom Lee told attendees at the Future Proof Citywide festival in Miami that expanding retail investor access to private markets is a mistake
The S&P/TSX composite index was down 150 points on Wednesday
Housing construction activity exceeded the 10-year average across most major markets
Debt issued by governments, companies declined to net $243B from $282B
The IEA was created in the aftermath of the 1973 oil crisis
Consumer prices rose 2.4% in February on an annual basis
The April crude oil contract was down US$11.32 at US$83.45 per barrel
Freight volumes up 8% while crude oil exports nearly doubled