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BUZZ-Australia tech stocks track Wall Street higher after US risk appetite improves

Reuters
2025/05/28
BUZZ-Australia tech stocks track Wall Street higher after US risk appetite improves

** Australian tech stocks .AXIJ rise as much as 1.7% to their highest levels since February 20

** Shares of WiseTech Global WTC.AX gain 1% while ASX-listed shares of Xero XRO.AX climb 1.3%

** Local stocks track gains on Wall Street after U.S. President Donald Trump delayed tariffs on the European Union and consumer confidence jumped unexpectedly in the world's largest economy .N

** YTD, sub-index up 5.1%, outperforming a 3.3% rise in ASX 200 benchmark .AXJO

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

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