BUZZ-Australian tech stocks hit two-year low after Wall Street's Friday fall
Reuters
Feb 02
BUZZ-Australian tech stocks hit two-year low after Wall Street's Friday fall
** Australian technology stocks .AXIJ fall as much as 2% to their lowest level since mid-Feb 2024** Shares move in tandem with Wall's Street performance on Friday as investors assessed Trump's Fed chair pick, and mixed earnings .N** Logistics software provider WiseTech Global WTC.AX falls as much as 3.4% to A$56.01, lowest level since Feb 23, 2023** Accounting software maker Xero XRO.AX down 0.5%** AXIJ fell 9.4% in January, marking its sixth straight monthly drop
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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