Tech Shares Down As Momentum Fades - Tech Roundup

Features Dow Jones Newswires

Shares of tech companies fell as the sector lost some of its upward momentum. After breaking through the $1,000-per-share level for the first time Tuesday, Amazon.com fell back to $992 Wednesday. Microsoft struck deals with chip makers to produce personal computers that would connect with data networks, much like smart phones. Toshiba made a legal concession to U.S. company Western Digital in a bid to accelerate the sale of the Japanese technology giant's lucrative memory-chip unit.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 31, 2017 16:53 ET (20:53 GMT)