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Asian stocks to gain as oil rallies for fourth day

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Asian stocks are poised for modest gains, with a few markets closed for holidays, following a late-session advance on Wall Street.

Crude oil gained for a fourth consecutive day. Asian stocks are poised for modest gains, with a few markets closed for holidays, following a late-session advance on Wall Street.

Crude oil gained for a fourth consecutive day. Equity futures were higher in Australia and Hong Kong. Trading is likely to be subdued with markets closed in Japan, China and South Korea.

Equities will likely remain under pressure amid simmering U.S.-China tensions and uncertainty over the impact of some American states beginning to re-open.

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