US stocks open higher after yesterday's massive losses

The US stocks opened slightly higher on Tuesday, after Wall Street suffered sharp losses yesterday due to increasing signs over the spread of the coronavirus in a multiple countries beyond China.

The Donald Trump administration requested $2.5 billion for emergency funding from the US Congress to counter the coronavirus economic impact.

Italy and South Korea also revealed today that the number of coronavirus infected cases and deaths increased, with others countries such as Iran, Kuwait, Bahrain and Japan.

The World Health Organisation urged most countries to intensify efforts and contain the virus, and pointed out that "Remdesivir" is the only drug currently that may have real efficacy in treating the coronavirus.

In stocks market, Dow Jones rose by less than 0.1% or 3 points to trade at 27,964 as of 15:18 GMT, Nasdaq rose 0.1% or 6 points to 9,227, and S&P 500 rose 0.2% 8 points to 3,234.