🔴 Shopify is trading 4.27% down today as growth and technology shares sell off

Shopify is trading 4.27% down at CA$177.12 as broad risk-off selling intensifies across growth and technology shares.

• The S&P 500, Nasdaq Composite, and Dow Jones are all lower.
• Escalating U.S.-Iran tensions and Brent crude above US$100 are renewing inflation and interest-rate concerns.
• Reuters reported Shopify was among the biggest TSX decliners on September 8 as investors turned cautious ahead of a seasonally volatile period.