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Jittery Stock Market rebounds slightly Tuesday morning

Monday saw worse losses since 1987
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Posted at 8:10 AM, Mar 17, 2020
and last updated 2020-03-17 10:10:15-04

NEW YORK (AP) — Stocks are jittering higher on Wall Street Tuesday, a day after plunging to their worst loss in more than three decades.

The Dow industrials added 100 points, or 0.5%, a day after dropping nearly 3,000.

Markets are continuing to whipsaw because of uncertainty over how badly the coronavirus will hit the economy.

European markets are slightly lower and Asian markets ended mixed after a bumpy day.

Several economists say the global recession has already begun as large swaths of the economy shut down due to the virus.

The Trump administration is proposing a $850 billion stimulus plan to help the economy, sources told The Associated Press.