WhyItDropped

Nasdaq · June 27, 2025

The Nasdaq's tariff-pause rally

+32.78%

trough back to the old high

55 trading days · 2025-04-08 → 2025-06-27

this undid the slide that began 2024-12-16

What happened that day?

  • From the 8 April 2025 low to 27 June the Nasdaq rose 32.78% — 55 trading days
  • It undid a decline that combined cooling AI expectations with the tariff shock
  • The day after the low, a tariff pause was announced and the direction changed
  • Tech had been hit hardest because parts and assembly span many countries, so it also reacted hardest to the pause
  • Earnings from AI-related companies kept coming in strong, giving the rally something to stand on
  • The old high returned on 27 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.