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US stock indexes fell in March amid geopolitical tensions but remain up strongly for 2023 so far.

Market News
02 Apr 2026
Seeking Alpha
View Source
Bearish
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In March, US stock markets declined with the S&P 500 down 5.1%, Dow Jones down 5.4%, and NASDAQ down 4.8%, driven by rising geopolitical tensions involving the US, Israel, and Iran. Despite this pullback, the S&P 500 is still up about 70% since the start of 2023, reflecting strong gains earlier in the year. The volatility echoes past market reactions to geopolitical and trade conflicts, which tend to stabilize as political events like the upcoming November midterm elections approach. Investors should watch for potential shifts toward economic stability as the elections near, which historically influence market conditions.

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