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Shopify

The close: TSX rises as Shopify hits record, nears top spot as Canada’s biggest stock [Video]

Canadian and U.S. main indexes gained on Tuesday as health care stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.

On the TSX, the Information Technology sector led the gains with a rise of 2.18%, thanks to Shopify climbing a further 4.12% to another record high. With a market cap of about C$113 billion, Shopify is quickly closing in on Royal Bank’s market value of $121 billion to become the biggest stock in Canada.

Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat comments about the depth of the economic contraction.

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Some hard-hit countries, including Italy, as well some U.S. states including California are tentatively easing lockdown orders this week, raising hopes for a recovery in oil demand.

Health care shares led among S&P 500 sectors following developments …

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Shopify

Fastest Way To Make $10,000 Using Shopify & Trending Viral Products [Video]

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Shopify

Welcome to DAY 5 of the 5-day LIVE Shopify Training with Rafael Cintron! 🚨Here's what you'll learn: 1 - How to combine winning products, winning ads, and a w...