Asian markets trade mixed as investors react to shifting sentiment in the United States, developments in US-Iran peace talks, and volatility tied to oil prices and artificial intelligence-related stocks. Several outlets report that Asian shares follow Wall Street direction: optimism in the US supports gains in parts of the region, while renewed caution leads to declines elsewhere. Multiple sources link market swings to uncertainty around the risk of an Iran-related escalation, with oil prices moving as traders reassess the outlook for a potential ceasefire or de-escalation. In one account, oil prices ease after earlier gains, while another describes oil climbing on uncertainty about war risks.

Another common thread is the behaviour of technology and AI-linked shares. Some reports say the AI-led rally pauses, prompting investors to book profits and take a more defensive stance ahead of the weekend, while others describe a tech rebound. Overall, the articles portray a market balancing US record-rally optimism against concerns over Middle East tensions and the sustainability of AI-driven gains.