BREAKING: Asian Stocks Maintain Vaccine-Driven Gains After U.S. Defensive Shift

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BREAKING: Asian Stocks Maintain Vaccine-Driven Gains After U.S. Defensive Shift

BOSTON (Reuters) - Stocks in Asia were set to continue their gains on Thursday, buoyed again by continued global stimulus efforts and hopes of a coronavirus vaccine.

Australian S&P/ASX 200 shares rose 0.29% in early trading, while Japan's Nikkei 225 futures fell 0.2% and Hong Kong's Hang Seng index futures rose 0.56%.

MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.01% higher.

The gains in Asia came after a mixed performance for U.S. stocks.

The Nasdaq closed up 2% on Wednesday as investors switched back to technology stocks and away from economically sensitive sectors as they weighed COVID-19 vaccine progress and the likely timing of an economic rebound.

The Dow Jones Industrial Average fell 23.29 points, or 0.08%, to 29,397.63 and the S&P 500 gained 27.13 points, or 0.77%, to 3,572.66.

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