I wouldn't go so far into dragging the markets into an epidemic issue concerning the virus. Stock indices are still doing just fine on my books the last time I checked, and most--if not all--markets are far from the epicenter of the epidemic. Business usual as they say, and we might even be nearing the end of this contagion as Australia have already replicated the 2019 nCoV in a laboratory, meaning we could produce a milder strain to negate the effects of the wild nCoV amongst humans.
Should the epidemic last for a couple more weeks/months, perhaps that's where drastic changes would happen, especially if the cases continues to rise and rise. By then I'm sure major markets would take the hit, but for now I'm pretty confident that the virus isn't affecting any market as of this moment.
All the global stock markets seems to be doing well with the notable exception of the Hang Seng and am sure this would be because China is the epicenter of the Coronavirus and people seem to be scared, the whole thing hasn't become a global crisis yet that's why most of the world's market are all doing extremely well in that regards.