BUZZ-Australia's tech stocks fall further to hit seven-month low

Reuters
03/12
BUZZ-Australia's tech stocks fall further to hit seven-month low

** Australian technology stocks .AXIJ fall as much as 2.2% to hit their lowest since August 14, 2024

** Sub-index down for a second straight session, tracks Wall Street lower as investors fret about the impact of new tariff threats on the global economy .N

** Tech-heavy Nasdaq Composite .IXIC lost 32.23 points, or 0.18%, to 17,436.10 overnight

** Index heavyweight WiseTech Global WTC.AX and data centre provider NEXTDC NXT.AX slip as much as 2% each

** Sub-index down 15% so far this year

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))

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