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Bank of America said to "avoid panic selling," since stocks' best days usually follow the worst.

Wall Street analysts have been getting behind Leidos as the outbreak has spread around the world. Stifel has previously called the stock 'The Terminator'.

France's Health Ministry said on Saturday that two more people had died from the coronavirus, bringing the total death toll to 11 people.

The number of coronavirus patients in Germany jumped to 684 on Saturday morning, with concern growing at the economic impact of the spreading epidemic on one of the world's most trade-dependent economies.

The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the Health Ministry said on Saturday, as other countries in the Gulf region also reported new infections.

The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the Health Ministry said on Saturday.

The number of deaths caused by coronavirus infections in Iran rose by 21 over the past 24 hours to reach 145 on Saturday, a health ministry official said.

South Korea's coronavirus cases jumped above 7,000 on Saturday, up by 448 from the previous day, with more than half of the total number linked to a secretive church at the center of the country's outbreak, health authorities said.

A U.S. judge said Amazon.com Inc is likely to succeed on a key argument of its challenge to the U.S. Department of Defense's decision to award cloud computing deal worth up to $10 billion to Microsoft Corp.

Italy is set to lock down its wealthiest and most populous region, which includes the financial capital Milan, as part of tough new measures expected to be approved on Saturday to try to contain the coronavirus outbreak.

The number of coronavirus cases in Italy, Europe's worst-hit country, leapt by more than 1,200 in a 24-hour period, the Civil Protection Agency said on Saturday, the biggest daily rise since the epidemic began two weeks ago.

A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense's decision to award an up to $10 billion cloud computing deal to Microsoft Corp.

The Maldives on Saturday reported its first two confirmed cases of new coronavirus, and placed two of its island resorts under lockdown, as authorities conducted further tests to try to limit the spread of the disease.

U.S. stock markets tanked and the Dow Jones Industrials shed more than 800 points on Friday, as the global tally of coronavirus infections surpassed 100,000 and jittery investors took cover in the perceived safety of bonds and gold.