BUZZ-Australia's tech stocks fall over 2% after Wall Street dips

Reuters
07 Mar
BUZZ-Australia's tech stocks fall over 2% after Wall Street dips

** Australian technology shares .AXIJ fall as much as 2.1%, their lowest level since October 25, 2024

** Sub-index has lost 0.9% so far in the week as of 2329 GMT and is on track to record its fourth straight week of losses, if trend holds

** Wall Street stocks closed lower overnight, pressured by market concerns over ongoing uncertainty in U.S. trade policy .N

** Shares of tech firm WiseTech Global WTC.AX were down 2.3%, while ASX-listed Block XYZ.AX shed 1.2%

** Sub-index has fallen 1.8% this year

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))

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