GLOBAL MARKETS-Asia stocks set for small gains as U.S. advances fiscal stimulus

By Jessica DiNapoli
NEW YORK, Dec 3 (Reuters) - Investors in Asia geared up for
modest stock gains on Friday as U.S. legislators wrangled over a
fiscal stimulus and negotiations over a Brexit trade deal
continued.
A $908 billion U.S. coronavirus aid plan gained momentum in
U.S. Congress on Thursday, buoying U.S. markets. "The U.S. fiscal situation is pretty fluid, but it's more
encouraging than in the beginning of the week," said Ray
Attrill, head of FX strategy at National Australia Bank in
Sydney. "But there's too much uncertainty to do anything with a
great degree of confidence."
The European Union and Britain continued trying to secure a
Brexit trade deal, with diverging views on how far off the sides
were from a deal. MSCI's gauge of stocks across the globe .MIWD00000PUS shed
0.02%. Australia's S&P ASX 200 .AXJO rose 0.26%.
Japan's Nikkei 225 futures NKc1 added 0.13% and Hong
Kong's Hang Seng index futures .HSI HSIc1 were flat.
Wall Street stocks were mixed, with the Nasdaq closing at a
record high, lifted by Tesla Inc TSLA.O , while the S&P 500
fell after a report that Pfizer Inc PFE.N had slashed the
target for the rollout of its COVID-19 vaccine. The Dow Jones Industrial Average .DJI rose 0.29%.
The dollar cratered on Thursday to its weakest level in more
than 2-1/2 years as signs of progress toward U.S. fiscal
stimulus and optimism about COVID-19 vaccines kept investors
hopeful. U.S. Treasury yields fell as the market looked ahead to the
November employment coming Friday. An agreement among major oil producers to a slight increase
in production lifted Brent crude prices by 1% to their highest
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