US stocks traded lower, Nasdaq fell 200 pts, Dow down 0.31%, S&P 500 dropped 0.50%. Health care shares rose 2.1%, tech stocks fell 1.8%.

US stocks closed lower as a global chip sell-off hit tech shares. The S&P 500 fell 1.3%, Nasdaq dropped 2%, while the Dow finished nearly flat.

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.