Australian tech stocks slide after Wall St ends lower overnight
10/12/2025 03:35
** Australian technology stocks .AXIJ fall as much as 1.6% to hit lowest level since Nov 24 ** Sub-index moving in tandem with Wall Street's overnight fall on fears of a hawkish tone from the U.S. Federal Reserve .N ** Shares of logistics software co WiseTech Global WTC.AX down 1.6%, TechnologyOne TNE.AX falls 1.6%, while accounting software provider Xero XRO.AX is down 2% ** AXIJ down 17.6% YTD (Reporting by Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com))
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