Australian tech stocks track Wall Street lower; hit one-month low
07/09/2026 04:47
BUZZ-Australian tech stocks track Wall Street lower; hit one-month low ** Australian technology stocks .AXIJ drop as much as 2.6% to their lowest since August 3
** Tech-linked Nasdaq ended lower on Friday as a strong jobs report raised the probability that the U.S. Federal Reserve will raise its key interest rate .N
** Sector majors WiseTech Global WTC.AX, Xero XRO.AX and Technology One TNE.AX slump between 3.1% and 3.6%
** AXIJ down 18.4% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
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