The Nasdaq closed Oct 23 at 25,955, a day after its worst drop since June. Will it top 26,250 by Oct 28?
50% of users predicted YES — the community got this one right. 10 predictions cast.
The Nasdaq Composite closed above 26,250 on Oct. 28, 2026, settling at roughly 26,549.85 the day the Federal Reserve held its policy meeting, according to a market recap. That capped a recovery from a sharp mid-month selloff: the index had fallen 2.6% to 26,008.86 on Oct. 22 amid tech-sector losses, its worst one-day drop since June, before rebounding over the following week as earnings season got underway.
The rally proved short-lived. The next session, Reuters reported the Nasdaq fell 1.38% to close at 26,184.72 on Oct. 29 after Alphabet's third-quarter results, released after the Oct. 28 close, revived concerns about AI-related spending; Alphabet shares alone fell roughly 10-13% on the news. Microsoft, which also reported Oct. 28, posted a well-received earnings beat on 48% Azure growth that helped cushion the broader tech selloff that day.
The community was evenly split on this question, with 50% expecting the Nasdaq to top 26,250 by Oct. 28, a close call that resolved yes once the index's Wednesday close was confirmed above that level.