Tech Shares Hold Steady; Focus on Earnings -- Technology Roundup

Features Dow Jones Newswires

Shares of tech companies were holding steady.

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Facebook ticked down after executives indicated that the social network will carry through a plan to declutter user feeds on its eponymous network, even at the expense of advertising revenue growth. Video advertising sales could replace some of the news-feed advertising, however.

Square rallied after the provider of credit-card processing equipment to small businesses posted quarterly earnings ahead of Wall Street targets.

-By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 04, 2017 17:21 ET (21:21 GMT)