Australian tech stocks track Wall Street plunge to erase Tuesday's gains

Technology stocks .AXIJ lose as much as 3%, erasing most of the sub-index's 4.6% gains at close on Tuesday

Decline in tandem with Wall Street's overnight plunge, with S&P 500 closing below 5,000 points for the first time in almost a year, on negative investor sentiment and no signs of the trade war de-escalating .N

Siteminder SDR.AX, guest acquisition platform for hotels, slips as much as 7.4% to A$3.53, lowest since late July 2023

Software co Megaport MP1.AX sheds 4.8%; Block Inc's ASX-listed shares XYZ.AX drop 3.3%

AXIJ loses more than S&P/ASX 200, which is down 1%

YTD, sub-index down 23.1%