Asian stocks closed higher Wednesday, stocks in Europe rose, and stocks in the U.S. were poised to go higher on news that Warren Buffett's

Berkshire Hathaway

(BRK.A) - Get Report

plans an investment in

Goldman Sachs

(GS) - Get Report

.

Goldman said Tuesday it plans to sell $5 billion of perpetual preferred stock to Berkshire Hathaway in a private offering. Berkshire Hathaway also will receive warrants to buy $5 billion of common stock. Goldman also said it would raise at least $2.5 billion through a public equity offering.

Japan's Nikkei 225 stock average closed higher by 24.44 points, or 0.2%, to 12,115.03, while the Hang Seng index in Hong Kong closed up 0.5%.

The FTSE 100 index in London rose marginally by 0.02%, while the DAX in Germany rose 13.53 points, or 0.2%.

Stock futures in the U.S. rose. Futures on the

S&P 500

rose 15.80 points to 1202.80, and were 13.28 points above fair value.

Nasdaq

futures rose 21.50 points to 1672, and were 14.62 points above fair value.

Oil rose $1.40 a barrel to $108.01 a barrel in electronic trading on the

New York Mercantile Exchange

.