Asian equity markets were mostly higher on Wednesday after the S&P 500 index closed above the 2,000 mark for the first time ever.
Wall Street's record gains overnight were sparked by better-than-expected reports that cast a favorable light on the economy. Consumer confidence hit its highest level since 2007 in August while durable goods orders posted their biggest gain on record in July.
Geopolitical events remained in focus following news that Israel and militant groups in Gaza agreed to halt all fighting in the war-torn region. However, there was no breakthrough in talks between leaders of Russia and Ukraine on Tuesday, but both sides agreed that there was an urgent need to de-escalate the conflict in eastern Ukraine.