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BUZZ-Aussie tech stocks gain as Nasdaq futures jump

ReutersFeb 4, 2025 3:42 AM

Australia's technology sub-index .AXIJ gains 2.1% to 2,859.9 points; broader benchmark index .AXJO adds 0.4%

Local tech stocks rise tracking a 0.9% jump in futures of tech-heavy Nasdaq

Wall Street, which ended lower on Monday, recouped steep losses it faced earlier in the session as investors scrambled to keep up with sudden changes in U.S. trade policy .N

Tech-focussed Siteminder SDR.AX and IT major Megaport MP1.AX top gainers, adding 5% and 4.7% respectively

Index heavyweight WiseTech Global WTC.AX up 3.3%

AXIJ gains 4% YTD

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