BUZZ-Australian tech stocks snap four-day winning streak to track Wall Street peers lower

Reuters

2025/02/10

** Australian tech stocks .AXIJ fall 1.6% to 2866.4, in tandem with U.S. peers on Friday following weak jobs data and an escalation in the trade war .N

** The sub-index .AXIJ set for its highest intraday drop since February 3, after posting gains for four straight sessions

** Tech major WiseTech Global WTC.AX is the weakest performer in the sub-index, with shares having fallen 5.5% to A$122.72 earlier in the day, dropping most since December 19, 2024

** Shares of Audinate AD8.AX down 2.7%, seeing their weakest session since February 4

** Tech sub-index .AXIJ rose 49.5% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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