Asian stock markets showed a mixed performance on Wednesday, with some indices rising while others declined. South Korea’s Kospi gained 0.5%, reaching 7,052.75, and Australia’s S&P/ASX 200 rose 0.3% to 8,779.80. Meanwhile, Hong Kong’s Hang Seng dropped 0.8%, and China’s Shanghai Composite fell 0.4%. Taiwan’s Taiex and India’s Sensex both rose slightly, with gains of 0.6% and 0.3%, respectively. Japan’s Nikkei 225 was closed for a holiday and will reopen on Thursday. Oil prices continued to decline, staying below the $100 per barrel mark. This followed comments from U.S. President Donald Trump, who said that U.S. and Iranian officials had a “very good” meeting at the U.N. General Assembly. Trump had earlier warned that the U.S. might “annihilate” Iran if a deal couldn’t be reached. As a result, Brent crude, the international benchmark for oil, fell 0.9% to $98.40 per barrel. Technology stocks across Asia showed some volatility but generally followed the upward trend seen in U.S. tech shares. Samsung Electronics rose 2.6%, and South Korean memory chipmaker SK Hynix added 0.4%. In Taiwan, shares of TSMC climbed 1.2%. Investors are closely watching the ongoing U.S. debate about slowing the development of artificial intelligence, which is also expected to be a key topic during Trump’s upcoming meeting with Chinese President Xi Jinping in Washington. On Tuesday, U.S. markets showed slight declines, with the S&P 500 down less than 0.1% but still near its all-time high. The Dow Jones Industrial Average fell 0.4%, but the Nasdaq, which is heavily weighted toward technology stocks, rose 0.5% to a record close. Major tech companies like Nvidia, Advanced Micro Devices, Broadcom, and Intel all saw gains. The U.S. dollar also rose slightly against the Japanese yen and the euro.