U.S. stock index futures rose on Wednesday morning as markets continue to rebound from Monday’s heavy sell-off.
At around 4:30 a.m. ET, Dow futures were up by 36 points and implied a positive open of more than 73 points, while futures on the S&P 500 and Nasdaq were also higher.
Markets rallied on Tuesday to snap a five-day losing streak and begin a recovery from the largest sell-off in more than three months on Monday, resulting from global concern over the spread of the Chinese coronavirus.
Chinese officials said late Tuesday that the death toll has risen to 132 with total cases in China now standing at 5,974. The White House told U.S. airlines on Tuesday that the administration is considering a suspension of flights from China to the U.S.