BUZZ-Australian tech stocks slip to over 2-year low, tracking Wall Street losses
Reuters
Yesterday
BUZZ-Australian tech stocks slip to over 2-year low, tracking Wall Street losses
** Australian tech stocks .AXIJ fall as much as 1.5%, their lowest level since mid-May 2023
** Wall Street indexes lost ground overnight as investors swayed between fears of rising oil prices and hopes for a resolution to the U.S.-Israeli war on Iran .N
** Shares of tech firms WiseTech Global WTC.AX, Xero XRO.AX down 1.8% and 3%, respectively
** The sub-index has fallen 26.9% this year, including day's moves
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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