U.S. markets closed higher posting solid gains. The DOW JONES added +0.58% closing at 17,879.55 points and the S&P 500 rose +0.64 with a final quote of 2,066.55 points supported by strong gains in the energy sector an upbeat U.S. construction gauge and better-than expected car sales.

Hong Kong's Hang Seng is trading -0.83% at 23,457.32 erasing earlier gains of +1%. China's Shanghai Composite closed at 2,779.74 points, a gain of +0.59%. China's Non-Manufacturing PMI for November rose to 53.9 from a previous reading of 53.8 and the HSBC Services PMI added 0.1 to 53.0.

Japan's Nikkei rose for a fourth consecutive day, gaining +0.32% closing at 17,720.43 - a seven-year high, as the yen continued to weaken supporting automotive and electronics stocks.