Wall Street bounces after virus-driven selloff

Stocks on Wall Street attempted to bounce back on Wednesday after a monster slide this week amid growing worries over the spread of the coronavirus.

But despite Asia reporting hundreds of new cases and Brazil confirming latin America's first infection Wednesday...

... the Dow, S&P 500 and Nasdaq all opened higher after four straight sessions of selling.

Investor anxiety coming as the Centers for Disease Control and Prevention on Tuesday issued a warning to Americans, telling them to prepare for the virus to spread in the United States.

Elsewhere, fears of a potential severe economic hit sent shares in Asia lower.

And it was a similar story in Europe, where an outbreak in Italy has worsened, with more than 350 cases reported and 11 deaths.

Meanwhile, the rush into safe-haven assets, like gold, continued.