BUZZ-Australian tech stocks track Wall Street peers to nine-month low

Reuters
Yesterday
BUZZ-Australian tech stocks track Wall Street peers to nine-month low

** Australian tech stocks .AXIJ fall 2.4%, lowest since early April 2025; track dip in Wall Street tech stocks

** Overnight, tech-heavy Nasdaq Composite .IXIC slipped 2.39%, below its 50-day moving average, over concerns that Trump's fresh tariff threats against Europe could signal renewed market volatility .N

** Wisetech Global WTC.AX down 2.4%; Xero XRO.AX sheds 3.5%

** AXIJ falls 6.4% YTD

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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