S&P/ASX 200 Index (ASX: XJO) tech shares are leading the market on Friday following a strong session on Wall Street overnight.
The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) rose 2.69% as most Australians slept. At the same time, the S&P 500 Index (SP: .INX) gained 1.84% and the Dow Jones Industrial Average lifted 1.33%.
At the time of writing, the ASX 200 Information Technology Index (ASX: XIJ) is 2.56% higher. It's being driven by some of the market's most well-known names. For comparison, the ASX 200 is currently up 0.79%.
Let's take a look at what's helping to boost ASX 200 tech shares today.
ASX 200 tech shares lead the market on Friday
ASX 200 tech shares are taking off on Friday after their international counterparts recorded strong gains.
Among Thursday's Nasdaq-listed winners were tech giants Tesla Inc (NASDAQ: TSLA) and Meta Platforms Inc (NASDAQ: FB). They gained 4.68% and 5.42% respectively.
Meanwhile, Amazon.com Inc (NASDAQ: AMZN) leapt 3.15% higher.
ASX 200 tech giants such as WiseTech Global Ltd (ASX: WTC) and Block Inc (ASX: SQ2) have followed suit and are outperforming on Friday.
Right now, shares in WiseTech are trading 5% higher at $42.96, while Block shares are also among the sector's best performers, gaining 4.67% to reach $119.93.
Meanwhile, market favourites Novonix Ltd (ASX: NVX) and Xero Limited (ASX: XRO) are lifting 4.5% and 2.8% respectively.
Today's gains are likely to be particularly welcome for ASX 200 tech fans as the sector has been severely underperforming in 2022.
It has tumbled more than 32% since the start of this year. For context, the ASX 200 is down nearly 5% year to date.
