BUZZ-Australian tech stocks drop as geopolitical, AI jitters dampen risk sentiment
Reuters03-02
BUZZ-Australian tech stocks drop as geopolitical, AI jitters dampen risk sentiment
** Australian technology stocks .AXIJ slip as much as 4.5%, their biggest intraday pct loss since February 23
** The tech sub-index in the red after Wall Street dropped on Friday over geopolitical tensions, tariff and AI anxiety .N
** Broader Australian benchmark in the red on Monday as Middle East conflict escalates .AX
** Siteminder SDR.AX drops as much as 11.1%, WiseTech Global WTC.AX falls 3.8%
** YTD, AXIJ sub-index down 20.2%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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