Australian tech stocks hit one-month low; tracks Wall Street losses

TECHNOLOGY ONE

08/10/2025 24:26

** Australian tech stocks .AXIJ fall as much as 1.1%, its lowest level since September 8

** U.S. stocks closed lower overnight as investors looked to secondary indicators and remarks from U.S. Federal Reserve officials for clues regarding economic weakness and monetary policy .N

** Sub-index at its third consecutive session of losses

** Sector constituents Life360 Inc 360.AX and WiseTech Global WTC.AX drop 3.3% and 0.8%, respectively

** AXIJ up 5.7% YTD, as of 2320 GMT

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))