Asian stocks set for modest gains Wednesday as tech woes check stimulus hopes


Australian stocks opened slightly higher while MSCI's gauge of stocks across the globe was roughly flat. The Nikkei 225 futures were up 0.25%. "It will be quite a mixed day," said Ryan Felsman, senior economist at CommSec. "People are digesting the potential for a stimulus bill, and markets are very cautious on the back of that."

NEW YORK: Asian stocks were set for modest gains on Wednesday after renewed U.S. stimulus hopes helped Wall Street higher, although wobbles in the tech sector could keep a lid on investor sentiment.

Australian stocks opened slightly higher while MSCI's gauge of stocks across the globe was roughly flat. The Nikkei 225 futures were up 0.25%.

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