Asian indices finished mostly higher Friday, after Japan's Prime Minister Shinzo Abe dissolved parliament's lower house, setting the stage for an election in which he will seek a fresh mandate to continue his economic policies - dubbed "Abenomics."
U.S. stocks closed higher overnight after encouraging data alleviated concerns over continued signs of slowing growth in Europe and China. The Philly Fed Index came in at 40.8 for November, more than double the expected 18.3 and the highest since December 1993. Existing home sales hit 5.26 million and leading indicators gained 0.9 percent, both beating expectations for October.
The Dow Jones Industrial Average ended the day at a record high for the 27th time this year, while the S&P 500 notched up 0.2 percent to close at a record high for the 44th time. The tech-heavy Nasdaq ended up 0.6 percent.