Shopify Sparks Historic Rally in Canadian Stock Market, Boosting Index Past 25,000

In a remarkable turn of events, Canadian equities have achieved an unparalleled milestone, propelled by the soaring shares of e-commerce giant Shopify. On November 12, 2024, the S&P/TSX Composite Index surged past the significant threshold of 25,000 points, marking a record high for the Canadian stock market. This milestone signifies a pivotal moment in the financial landscape, driven predominantly by optimism surrounding technology stocks and Shopify's exceptional performance.

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