Australian tech stocks fall, tracking Wall Street slump

Wisetech Global

18/06/2026 03:26

** Australian tech stocks .AXIJ fall as much as 1.9%; benchmark .AXJO down 0.4%
** Tech shares slip, tracking U.S. Nasdaq Composite index .IXIC as traders bet that the Federal Reserve's next move would be a rate hike .N
** Australian sector majors Wisetech Global WTC.AX and Xero XRO.AX down more than 2%   
** YTD, sub-index down 15.9%, AXJO up 2.5%

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))