India, Jan. 22 -- European stocks are likely to open higher on Wednesday despite lingering concerns over a mysterious virus that originated in China and spread to the United States.

The World Health Organization will consider whether to designate the outbreak an international public health emergency.

Meanwhile, the historic impeachment trial of U.S. President Donald Trump opened with fireworks on Tuesday, with Democrats angrily accusing Senate Republicans of seeking a "cover-up" without witnesses or new evidence.

Asian stocks remain mostly higher after data showed South Korea's government spending surge helped the economy post its fastest quarterly growth in more than two years.

Gold fell for the second straight session on broad U.S. ...