TORONTO – Canada’s main stock index experienced a significant boost, climbing over 200 points in late-morning trading. This surge was driven primarily by strong performance in the technology sector, with Shopify Inc. shares soaring more than 20 percent following the release of its latest quarterly results.
The S&P/TSX Composite Index increased by 218.13 points, reaching 22,197.49.
In the United States, major indices also saw gains. The Dow Jones Industrial Average rose 340.71 points to 39,338.37, the S&P 500 Index climbed 68.48 points to 5,308.51, and the Nasdaq Composite went up 256.50 points to 16,623.35.
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