Tech Down as Valuation Concerns Resurface -- Tech Roundup

Features Dow Jones Newswires

Shares of tech companies declined as worries resurfaced about valuations. Shares of the largest tech companies, which had driven many of the stock-market gains in the first half of the year, were in the firing line with Amazon.com, Facebook and Apple all off more than 1%. A two-year chart of the technology sector shows a retreat during the last three weeks as the most prolonged--and one of the most pronounced--corrections in the sector's run-up over that time.

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

(END) Dow Jones Newswires

June 29, 2017 17:09 ET (21:09 GMT)