WhyItDropped

Nasdaq · March 31, 2026

What had fallen most rose most

+3.83%

single-day change vs previous close

What happened that day?

  • On 31 March 2026 the Nasdaq rose 3.83% to close at 21,590.63
  • The trigger was the report that the Iran war might end
  • It bounced further because it had fallen further — 12.84% below its peak in this stretch
  • The war worked against technology twice over. Oil pushed prices up and blocked rate cuts, and money reducing risk leaves technology first
  • With both lifting at once, the bounce was larger here
  • The quarter was still the worst since 2022. One session does not make that back
  • The actual ceasefire came in stages that April and June

Sources

Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.