Asian markets struggle again as coronavirus trumps Wall Street bounce

Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new containment measures and still no US stimulus fuel concerns about economic recovery. After a global rally since March’s nadir, a gloom has descended on equities this month, with uncertainty leading into November’s presidential election and ongoing China-US tensions adding to the mix. US stocks broke an extended run of losses Tuesday as traders went bargain hunting, while the technology sector was also boosted by the prospect of people being forced to stay at home again. With a record of nearly two million…