Asian markets trade mixed as investors digest recent moves on Wall Street and react to changes in crude prices. Several outlets report that trading is quieter due to the holiday environment, with U.S. futures and regional shares pointing in different directions at the open or into subsequent sessions.

Oil is a key driver in the reports. Some sources say crude prices fall back from recent gains after an unsettled Wall Street day, easing “inflation worries” tied to higher energy costs. Others describe periods where oil prices surge alongside rising bond yields, pressuring equities as yields rise.

Outlets also highlight broader sentiment factors. One report links stock performance to renewed concerns about the AI investment boom, suggesting technology shares face pressure even as other areas see support from oil’s pullback. Overall coverage frames the session as a tug-of-war between energy-driven inflation expectations, interest-rate moves, and corporate/sector-specific concerns, with markets tracking U.S. leads.