5 things to know before the stock market opens Wednesday

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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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The $1T package is the socialist policy to save the dying capitalist. Trump's now turning himself to the socialist biggest fan, and he seems happy to submit himself to the truth of socialism. How wonderful the socialism is!

In simpler terms, Republicans are for TRILLIONS in Corporate Bailouts to the same companies that just got a huge tax cut and a small check to a few token Americans just to say they did. realDonaldTrump senatemajldr LindseyGrahamSC

It’ll be down

5things

Still, the market feels different......the market should bounce back today. There's a lot of firepower coming our way. Hopefully they'll make it enough.

These guys in the photo look like they were drawn by Pixar.

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5 things to know before the stock market opens TuesdayU.S. stock futures, in a volatile session, point to a bounce after Wall Street's worst day since the 1987 'Black Monday' market crash. This is good stuff Where's Larry 'Airtight' Kudlow these days?
La source: CNBC - 🏆 12. / 72 Lire la suite »

Asian stocks higher after Trump promise of virus aidBEIJING (AP) — Major Asian stock markets were higher Wednesday after Wall Street rebounded on President Donald Trump's promise of aid to get the U.S. economy through the coronavirus... Hey get your finger away from your mouth !!! Meanwhile, everyday Americans wondering how they're going to pay bills, rent or even eat during this crisis: Republicans love socialism.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. Third time's the charm? cricket chirps* What happened to the free market? Oh no supply and demand is doing something the capitalists don't like, shut it off! This shit is all fake
La source: CNBC - 🏆 12. / 72 Lire la suite »