US stocks rise, recoup some of yesterday's losses

The main US stocks indices rose at the opening of today's sessions, to recoup some of yesterday's sharp losses, despite the growing fears over the coronavirus.

The Dow Jones index lost 1031 points on Monday, and also dropped 880 points yesterday, with Nasdaq falling off the 9,000 barrier.

This came as the coronavirus infections continued to increase in countries such as Italy, Japan, France, Switzerland, Austria, Bahrain and Kuwait..

China revealed that the virus death toll increased, and continued to infect more cases, which forced many major companies to lower their estimates for their business performance during the first quarter.

Dow Jones rose 1% or 270 points to trade at 27,350 as of 14:54 GMT, Nasdaq added 1.3% or 115 points to 9,081, and S&P 500 rose 1.3% or 40 points to 3,168.