Australian tech stocks follow US peers lower, WiseTech Global and Xero down

Wisetech Global

04/06/2026 01:30

** Australian technology stocks .AXIJ fall 2.1%, on track for their biggest drop since May 14 if current losses hold
** Wall Street retreated from record highs on Wednesday as flaring tensions in the Middle East prompted investors to book some profits .N
** Sector majors WiseTech Global WTC.AX and Xero XRO.AX slip 3.2% and 2.5%, respectively
** Sub-index down 12% YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))