Nasdaq dropped 2.21% on June 23 as semiconductor stocks plunged and Fed rate hike odds hit 85%. Bitcoin and Ether fell with tech in a correlated selloff.

The S&P 500 lost 27.79 points, or 0.37 per cent, while the Nasdaq Composite lost 351.33 points, or 1.32 per cent, to 26,166.60. Read more at straitstimes.com. Read more at…

Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and rising rate expectations.

Interest rate fears hit high-flying sectors as oil prices hold steady