U.S. stock futures hit their 5% 'limit down' levels Wednesday after Wall Street rebounded from its worst day in more than three decades.
down 25% from their Feb. 19 peaks. All three indexes were firmly in bear markets as defined by declines of at least 20% from recent 52-week highs.Steven Mnuchin, U.S. Treasury secretary, right, speaks beside U.S. President Donald Trump during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Tuesday, March 17, 2020.
told GOP senators that unemployment could reach 20% if Congress doesn't enact the stimulus package, according to a person familiar with the situation.
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