Australian tech stocks hit one-week high tracking Wall Street gains

Australian technology stocks .AXIJ rise as much as 3.5%, a peak since April 16

Sub-index tracks Wall Street peers, as U.S. stocks rebounded on upbeat quarterly earnings results and hints at the de-escalation of U.S.-China trade tensions .N

Australian-listed shares of Block XYZ.AX were up 7.5%, while tech major WiseTech Global WTC.AX advanced by 4%

Sub-index has fallen 19.7% YTD