Investing.com - Shares in Asia traded mixed on Wednesday as energy stocks came under pressure as traders eyed a meeting between the world's top oil producers in Vienna seen as crucial in supporting prices through output cuts.
Japan's Nikkei 225 was up 0.19%, while in South Korea the Kospi gained 0.37% as investors mulled political turmoil following President Park Geun-hye's conditional resignation offer on Tuesday. Australia's ASX 200 fell 0.23%, with miners leading losses on the index as the materials sector fell 2.34%, while the energy sector was down 1.45 percent.
The Shanghai Composite Index fell 0.68%, while Hong Kong's Hang Seng Index rose slightly by 0.27%.
In news overnight, president-elect Donald Trump has reached a deal with United Technologies (NYSE:UTX) that will keep close to 1,000 jobs at Carrier Corp., which is owned by UTX, in Indiana. Reports also suggested he would soon nominate Goldman Sachs (NYSE:GS) alumni Steven Mnuchin as Treasury Secretary.
Overnight, U.S. stocks were higher after the close on Tuesday, as gains in the Healthcare, Financials and Utilities sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average added 0.12%, while the S&P 500 index added 0.13%, and the NASDAQ Composite index gained 0.21%.