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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)

plans an investment in

Goldman Sachs

(GS)

.

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

.