** Australian technology stocks .AXIJ rise as much as 1.6% to 2711.500, their highest levels since February 24
** Gains were in tandem with an overnight jump in S&P 500 and Nasdaq indexes on soft inflation data and trade optimism .N
** ASX-listed shares of Life360 360.AX LIF.O are the biggest percent gainers on the local benchmark .AXJO, jumping as much as 13% to a record high of A$30.7
** Co extends gains on strong Q1 results
** Megaport MP1.AX and WiseTech Global WTC.AX up 0.9% and 0.7%, respectively
** YTD, sub-index down 1.6%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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