Australian tech stocks advance in tandem with Wall Street peers
14/09/2026 02:08
BUZZ-Australian tech stocks advance in tandem with Wall Street peers ** Australian technology stocks .AXIJ rise as much as 1.4%, while the broader benchmark trades up 0.2%
** Sub-index logs largest intraday pct gain since August 28
** Tech-heavy Nasdaq Composite .IXIC closed higher on Friday after oil prices retreated; strong U.S. inflation data cemented Fed rate hike bets .N
** Sector leaders WiseTech Global WTC.AX and Xero XRO.AX rise as much as 2.3% and 4.7%, respectively
** YTD, AXIJ is down 23.2%, including the day's moves, lagging behind a 0.5% gain in the AXJO
(Reporting by Nikita Maria Jino in Bengaluru)