Australia's tech stocks mirror Wall Street losses, drop to near five-month low

Life360

17/10/2025 01:04

** Australian technology stocks .AXIJ down as much as 1.6% to their lowest level since May 26
** Sub-index tracks losses in U.S. stocks after Wall Street ended lower overnight with signs of weakness in regional banks spooking investors .N
** ASX shares of Life360360.AX LIF.O fall as much as 5%, while logistics software provider WiseTech WTC.AX down as much as 1.2%
** AXIJ up 2.6%, YTD

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))