** Australian technology stocks .AXIJ rise as much as 3.5%, a peak since April 16
** Sub-index tracks Wall Street peers, as U.S. stocks rebounded on upbeat quarterly earnings results and hints at the de-escalation of U.S.-China trade tensions .N
** Australian-listed shares of Block XYZ.AX were up 7.5%, while tech major WiseTech Global WTC.AX advanced by 4%
** Sub-index has fallen 19.7% YTD
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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