Stocks rose on Tuesday following the market’s biggest sell-off in more than three months as investors grapple with lingering fears over a possible coronavirus outbreak.

The Dow jumped 187.05 points, or 0.66%, to 28,722.85, snapping a five-day losing streak. The S&P 500 climbed 1.01% to 3,276.24 while the Nasdaq Composite advanced 1.45% to 9,271.95. At its high of the day, the Dow was up more than 280 points.

Apple and Goldman Sachs led the Dow’s gains, rising more than 1.8% each. The S&P 500 was led higher by the tech and financials sectors, both of which surged more than 1%. The two sectors were among the hardest hit as worries over the virus increased.

The Dow and S&P 500 had their biggest drop since October on Monday. The Dow plunged more than 450 points while the S&P 500 logged in its first pullback of at least 1% in 74 sessions. The Nasdaq also had its biggest one-day decline since August amid fears the spreading coronavirus could hurt the global economy.

Corporate earnings season remains in focus, after Goldman Sachs and Apple led the Dow’s gains on Tuesday. AT&T, Boeing, General Electric, Mastercard and McDonald's are all set to report before the bell on Wednesday, while earnings for behemoths Facebook, Microsoft and Tesla will all come in after the close of trade.

Plan A : Short if market failed to support above 3267.25. Targets are 3252.25, 3240.50 and 3231.75.

Plan B : Long if market retraced but supported firm above 3267.25. Targets are 3282.50, 3290.25 and 3329.25.

U.S. stock index futures rose on Wednesday morning as markets continue to rebound from Monday’s heavy sell-off.

At around 2 a.m. ET, Dow futures were up by 55 points and implied a positive open of more than 92 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.

Investors will be closely watching the U.S. Federal Reserve on Wednesday afternoon, as the central bank convenes for its first monetary policy meeting of the decade.

The main interest rate is widely expected to hold steady in the 1.50% to 1.75% range, but the market will likely be attuned late in the session to Fed Chair Jerome Powell’s speech, particularly any comments about the Fed’s repo program or the potential economic impact of the coronavirus outbreak.

Plan A : Long if market supported firm above 9106.25. Targets are 9135.25, 9154.25 and 9172.50.

Plan B : Short if market failed to support above 9106.25. Targets are 9072.50, 9054.25 and 9032.75.

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WTI Crude Oil

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Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.