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World Health Organization officials are holding a press conference Tuesday to update the public on the coronavirus outbreak, which has infected more than 80,200 and killed at least 2,704 so far.

Named COVID-19, the virus has shuttered commerce across much of China and is hitting company earnings, global stock markets and manufacturing across the world.

WHO officials declared the virus a global health emergency last month, while urging the public against over-reacting to the virus.

In the past week, the virus has spread substantially beyond China. The localized outbreaks in places such as Italy and Iran are fueling concerns among infectious disease experts and scientists that the virus is spreading too quickly and may be past the point of containment. Health officials are warning the public to prepare for a potential global pandemic.