US stocks set to open higher after Dow posts worst day since October

Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising.U.S. stock index futuresAt around 1:40 a.m. ET, Dow futures were up by 179 points, indicating a positive open of more than 171 points. Futures on the S&P 500 and Nasdaq were also higher.

Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising. In this context, U.S. equities dropped on Monday, with the Dow falling by 1.6%, its biggest one-day drop since October. Shares of travel companies and consumer goods firms exposed to China were some of the biggest losers.

Meanwhile, Chinese authorities said Tuesday that the outbreak has killed 106 people and infected 4,515.

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