On March 30, 2026, White House press secretary Karoline Leavitt held a press briefing addressing the significant volatility in U.S. financial markets, which have suffered their largest losses since the onset of the war with Iran [1]. Leavitt cited the ongoing conflict as a primary driver of heightened risk in both the U.S. economy and global financial markets, stating, 'major economic warning signs' have emerged as a result [1]. The S&P 500, Dow Jones Industrial Average, and NASDAQ all posted steep declines, with the Dow Jones dropping over 1,200 points, marking its worst day since the Iran conflict began [1]. Technical analysts identified new support levels for the S&P 500 near 4,200 and resistance at 4,500, while the Dow Jones hit an intraday low at 32,600 and NASDAQ found support at 13,000 with resistance at 13,500; moving averages across indices are trending downward [1].
Trading volumes surged as investors rushed to adjust portfolios, and volatility indices (VIX) spiked to levels not seen since early 2022, indicating heightened uncertainty [1]. Investors are increasingly seeking safe havens such as gold and U.S. Treasury bonds, reflecting diminished risk appetite [1]. Leavitt emphasized that the White House is in consultation with Treasury officials and Federal Reserve representatives to 'ensure stability and safeguard American investments,' and urged calm, reminding investors that U.S. economic fundamentals remain strong despite current challenges [1].
Financial experts at the briefing recommended caution for both retail and institutional investors, advising against panic selling and encouraging a long-term perspective. Leavitt noted, 'Short-term volatility is expected, but historical trends show markets recover following geopolitical shocks' [1]. Technical indicators such as the S&P 500's RSI suggest oversold conditions, and a technical recovery is possible if buyers return, particularly for the Dow Jones [1].
The administration plans to release further guidance for investors and will continue to monitor developments in both the Middle East and U.S. financial markets [1].
CONCLUSION
The White House has acknowledged the severe market downturn triggered by the Iran conflict and is actively monitoring the situation in coordination with financial authorities. Despite the sharp declines and elevated volatility, officials and analysts urge investors to remain calm and adopt a long-term perspective, citing strong economic fundamentals. Further guidance is expected as the administration continues to assess both geopolitical and market developments.