Dow Surges Over 1,000 Points, Nasdaq Rises Over 3.3%, Semiconductor Index Up 5%

Wallstreetcn
2026.03.31 16:47

The S&P 500 Index rose over 2.6%, the Dow Jones Industrial Average gained 1,042 points, up over 2.44%, and the NASDAQ Composite Index increased 702 points, with a gain of over 3.36%. The Biotechnology Index rose 4.36%, the Semiconductor Index climbed 5.05%, the Banking Index rose 3.32%, and the Russell 2000 Index gained 1.84%.

Overnight gains for FTSE China A50 Index futures extended to over 1%, and the Livermore Leading China Concept Stocks Index rose over 3%. Popular Chinese concept stocks saw NIO Inc rise nearly 10%, iQIYI rise over 8%, Baidu, Futu, and Bilibili rise over 3%, while XPeng and Alibaba rose over 2%.

Iranian President Pezeshkian stated: "We are ready to end the war, but we hope to obtain guarantees."

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