In Asia, futures pointed to a higher open for the Nikkei 225, which posted gains for the 11th straight session on Tuesday. Nikkei futures traded in Chicago were up 0.23 percent at 21,385 and Osaka futures were 0.07 percent higher at 21,350. The index closed at 21,336.12 in the last session.
Down Under, the S&P/ASX 200 edged up 0.05 percent in early trade.
Singapore and Malaysia markets are closed for a public holiday.
On Wall Street, U.S. stocks broadly rose on strong earnings reports. The Dow Jones industrial average touched the 23,000 mark for the first time on Tuesday before closing up 0.18 percent, or 40.48 points, on the day at 22,997.44.
Other major indexes were more subdued: The S&P 500 advanced 0.07 percent, or 1.72 points, to close at 2,559.36 and the Nasdaq shed 0.01 percent, or 0.35 points, to end at 6,623.66.
In corporate news, Rio Tinto was charged with fraud by the U.S. Securities and Exchange Commission, Reuters reported. The mining company had allegedly inflated the price of assets in Mozambique, Reuters said. Rio Tinto said in a statement that it would “vigorously defend itself” against the “unwarranted” case brought by the SEC. Shares of the miner traded in Australia were down 0.92 percent in early trade.
On the energy front, oil prices steadied overnight after a choppy session. Investor worries over supply due to geopolitical tensions in Iraq were offset by expectations of higher U.S. oil exports. Brent crude futures added 6 cents to settle at $57.88 a barrel and U.S. West Texas Intermediate crude settled 1 cent higher at $51.88.