UPDATE 3-Trump accuses cable TV of making coronavirus look 'as bad as possible'

U.S. President Donald Trump accused two cable TV news channels of presenting the danger from the coronavirus in as bad a light as possible and upsetting financial markets, as public health officials warned Americans to prepare for a likely outbreak. Trump on Wednesday wrote on Twitter that CNN and MSNBC, both of which frequently carry criticism of him, "are doing everything possible to make (the coronavirus) look as bad as possible, including panicking markets," adding: "USA in great shape!"

Trump, who is stepping up his re-election campaign ahead of November's presidential election, did not specify what he did not like about the coverage. He is to hold a news conference on the coronavirus at 6 p.m. EST (2300 GM) on Wednesday. Officials at the U.S. Centers for Disease Control and Prevention (CDC) on Tuesday said the virus' global march had raised concern about its spread in the United States, even as it remained unclear when that might happen or how severe it might be.

Global stock markets have slumped in recent days due to worries over a prolonged disruption to supply chains and economies from the disease, which has infected about 80,000 people and killed nearly 3,000, mostly in China. U.S. stocks turned lower in afternoon trading on Wednesday in a fresh wave of selling sparked by fears of the coronavirus spreading in the United States. The Dow Jones Industrial Average was down 116.19 points, or 0.43%.

Trump has been increasingly alarmed by the drop in U.S. stock markets, which he considers a barometer of the health of the American economy and sees as key to his re-election. During his recent trip to India, the Republican president praised U.S. health officials while downplaying the virus' potential impact on the United States.

House of Representatives Speaker Nancy Pelosi, a Democrat, on Wednesday dismissed Trump's assertion in India that the coronavirus was under control at home. “I don’t think the president knows what he’s talking about, once again," she told reporters.

U.S. Health and Human Services Secretary Alex Azar on Wednesday said the United States has 59 coronavirus cases, including 42 American passengers repatriated from the Diamond Princess cruise ship docked in Japan. There have been just two reported cases of person-to-person transmission within the United States, both infected by people who had been to China.

Health officials in Nassau County, New York, said they were monitoring 83 people who visited China and may have come in contact with the coronavirus, but Governor Andrew Cuomo said the state has had no confirmed cases so far. Nassau County is just east of New York City. Dr. Anthony Fauci, the head of the U.S. National Institute of Allergy and Infections Diseases, who will brief Trump, said that while the virus was contained in the United States, Americans must get ready for a potential outbreak as transmissions spread outside of China.

"If we have a pandemic, then almost certainly we are going to get impacted," Fauci told CNN. The CDC has advised Americans to not visit China and South Korea, and on Wednesday stepped up travel warnings for Iran, Italy and Mongolia over risks from the disease.

It is also considering expanding airport screenings to target passengers from countries that have seen recent spikes in cases such as Italy and South Korea, NBC News reported. Trump is seeking $2.5 billion from Congress to boost its virus response. Democrats have warned that amount falls far short of what is needed and have also urged the White House to appoint a "czar" who could coordinate a national response.

Senate Democratic Leader Chuck Schumer on Wednesday called for $8.5 billion to prepare.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)