Major stock markets around the world rebounded on Tuesday after a sharp sell-off in the prior session, as investors await more fiscal and monetary stimulus from governments and central banks to help offset the widening impact of the COVID-19 outbreak. The Shanghai Composite added 1.8%, the Nikkei 225 index gained 0.9% and the S&P/ASX 200 jumped 3%. In Europe, major bourses opened more than 1% higher and stock futures in the US were also up after President Trump said he will discuss with the Congress a payroll tax cut or relief.