Asian stocks were mixed on Thursday following a record close on Wall Street, with Japanese markets continuing to underperform due to a stronger currency.
The Dow and S&P 500 finished at record highs on Wednesday following positive economic data. Orders for durable goods rose in October, sales of new single-family homes rose for a third straight month last month, and consumer confidence rose to a seven-year high in November.
Sentiment in Asia also got a boost on news that European Commission President Jean Claude Juncker unveiled a 300 billion euro plan to boost the euro zone economy.
"Now with the U.S. on holidays for Thanksgiving - and it's highly likely most investors will to take Friday off as well - global trade will be light over the next two days. Light volumes allow larger moves, so be aware of strange trading patterns," said Evan Lucas, market strategist at IG.
Meanwhile, oil remained in focus with prices sliding to fresh four-year lows on Thursday following reports that Gulf producers in OPEC agreed not to cut production at their meeting later in the day.