Shopify (SHOP) Powers Canadian Tech Stocks to Zoom Past Nasdaq 100

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The US technology sector was hot in 2023, Canada’s was hotter.

An investor frenzy for artificial intelligence stocks propelled US tech-heavy benchmarks to market-besting returns this year. But tech stocks in Canada’s S&P/TSX Composite are poised to top them all, soaring roughly 70%, as those in the S&P 500 Index and the Nasdaq 100 notched less than 60% gains.

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