Australian tech stocks track Wall Street losses, slip most in 2 weeks

By Reuters News

** Australian technology stocks .AXIJ fall as much as 2.1% in early trade, adding to the broader benchmark's 0.6% loss

** Sub-index logs its largest intraday pct drop since September 11

** Wall Street markets pared some losses to close slightly lower overnight, as uncertainty about the Middle East lifted oil prices and Treasury yields .N

** Index leaders WiseTech Global WTC.AX and Xero XRO.AX fall as much as 3% and 4.7%, respectively

** AXIJ down 1% for the week, taking YTD losses to 25%

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.