Stocks fall sharply on fears of worsening coronavirus
Three leading stock indices added 1 percent each
American financial markets opened higher on Tuesday after their worst losses since Black Monday in 1987.
Dow Jones Indices, S&P 500 and Nasdaq in early trading added more than 1 percent. The day before, the sharpest drop was recorded since the beginning of the coronavirus epidemic.
All three indices, now in bear market territory, crashed on Monday after the US Federal Reserve cut interest rates to stimulate the economy.
Fears grow that the fallout from the novel coronavirus pandemic could trigger a global recession.
The Trump administration is expected to ask Congress on Tuesday for an estimated $ 850 billion in economic stimulus measures.
News Service &# 171; Voices of america&# 187;