Goldman Sachs , Citigroup Inc , Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said.

Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was "a rapidly escalating epidemic," a day after virus worries sent the S&P 500 and the Dow Industrials to their biggest daily declines in two years.