Australian tech stocks track Wall Street peers lower

TECHNOLOGY ONE

16/12/2025 01:07

** Australian technology stocks .AXIJ fall as much as 2.3% to their lowest since April 10, tracking losses in U.S. peers

** Overnight, Wall Street declined as investors braced for slew of economic data, commentary on interest rate outlook .N

** Accounting software maker Xero XRO.AX sheds 2.2% to 20-month low; TechnologyOne TNE.AX, WiseTech Global WTC.AX slip 1.7% and 0.9%, respectively

** AXIJ down 20.9% YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))