Markets struggling: US stock futures are stumbling, even as the US moves closer toward passing a $2 trillion stimulus bill. The House of Representatives is expected to take up the measure on Friday. Markets in Asia Pacific struggled for direction, and Australia’s S&P/ASX 200 was the only major benchmark in the region to trade firmly in the green.
New imported cases in China: The country reported 67 new imported coronavirus cases on Wednesday, but no new locally transmitted ones. Its rate of new infections has slowed significantly, with 81,285 cases, 3,287 deaths, 74,051 recovered.
Largest 24-hour spike in several nations: Japan, Singapore, New Zealand and Russia saw their largest single-day spike in cases since the outbreak began. Japan had 98 new cases and two more deaths on Wednesday, taking it to 2,003 cases and 55 deaths. Japanese people were urged to avoid all non-essential overseas travel. Singapore reported 73 new cases on Wednesday and New Zealand confirmed 73 new patients and five more probable cases. New Zealand is in its first full day on alert Level 4, the highest category. Most people are required to stay home.