BUZZ-Australia's tech stocks rise, tracking Wall Street's run

Reuters
2026.01.23 00:11
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Shares of Australian tech stocks (.AXIJ) rise as much as 2.8%, logging their biggest intraday pct gain since Nov. 27Sub-index tracks its peers on Wall Street, where tech-heavy Nasdaq closed 0.9% upWall Street’s main indexes finished higher on Thursday, as investors bought shares after U.S. President Donald Trump rescinded tariff threats on European allies (.N) Data centre operator NEXTDC (NXT.AX) rises 2% while New Zealand-based Xero (XRO.AX) gains 1.1%AXIJ down 4% YTD, sheds 1.6% so far this week

Shares of Australian tech stocks (.AXIJ) rise as much as 2.8%, logging their biggest intraday pct gain since Nov. 27

Sub-index tracks its peers on Wall Street, where tech-heavy Nasdaq closed 0.9% up

Wall Street’s main indexes finished higher on Thursday, as investors bought shares after U.S. President Donald Trump rescinded tariff threats on European allies (.N)

Data centre operator NEXTDC (NXT.AX) rises 2% while New Zealand-based Xero (XRO.AX) gains 1.1%

AXIJ down 4% YTD, sheds 1.6% so far this week

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