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Asian markets were mixed on Friday, October 9, 2026, while oil prices eased after a sharp rise and reversal the day before. Tokyo and Shanghai fell, Hong Kong and Australia gained, and South Korea and Taiwan were closed. The Associated Press reported that U.S. stocks had also diverged in Thursday’s session: the S&P 500 and Nasdaq declined, while the Dow edged higher. These are dated market snapshots, not live prices.

How Asian markets moved on Friday

Trading was mixed across the region in holiday-thinned markets, according to the Associated Press. South Korea and Taiwan were closed.

Market Reported move
Nikkei 225, Japan Down 0.8% to 68,512.30
Shanghai Composite, China Down 1.4% to 3,758.47
Hang Seng, Hong Kong Up 1.1% to 24,046.79
S&P/ASX 200, Australia Up 0.6%

All index levels and percentage changes in this table are figures reported by the Associated Press on October 9, 2026; they describe that report’s snapshot.

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Wall Street’s Thursday session was uneven

U.S. stocks struggled to find a common direction as oil rose and Treasury yields jumped before retreating. The S&P 500 fell 0.5%, its second consecutive loss, and the Nasdaq Composite dropped 1.3%. The Dow Jones Industrial Average gained 0.1%, according to the AP report.

Technology shares were among the weakest: Nvidia fell 2.9%, Broadcom dropped 4.3%, and Micron declined 4.8%. The report said Nvidia’s loss weighed heavily on the S&P 500 and described AI-related stocks as facing pressure to demonstrate growth commensurate with high valuations. That is the report’s market framing, not a forecast.

PepsiCo rose 3.7% after reporting quarterly profit and revenue above analysts’ expectations, the AP said.

Oil pulled back after a volatile day

Brent crude rose 4.1% on Thursday to $104.28 a barrel, then fell 1% early Friday to $103.28. U.S. benchmark crude was down 0.9% early Friday at $90.23 a barrel. The prices and moves are from the AP’s October 9 report, not current quotes.

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The report described Brent as having recently moved between $96 and nearly $110 a barrel amid uncertainty about when the Iran war would allow the global energy industry to return to normal. It said Brent approached $106 before President Donald Trump said “productive discussions” were happening with Iran and that the U.S. military would not attack it before the upcoming U.S. elections in November. This is the AP’s account of the comments and market context; it does not independently establish that the remarks caused oil’s moves.

Treasury yields rose, then eased

The 10-year Treasury yield reached 5.35% early Thursday before falling to 5.23%, according to the AP. The 30-year yield eased to 5.60% from 5.73% after the U.S. government sold $22 billion in 30-year bonds at an auction with a high yield below 5.62%.

The report also said the federal deficit was nearly $2 trillion in the fiscal year that ended September 30. It presented the auction and deficit amid investor attention to government borrowing; the figures here are those reported by the AP.

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Currency levels in the report

The dollar was at 158.01 Japanese yen, compared with 157.89, while the euro was at $1.1225, compared with $1.1211, the AP reported. These are the report’s stated currency levels and comparisons, not live exchange rates.

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What the market commentary said

Steven Innes of SPI Asset Management told the AP: “Equities remain within striking distance of record highs, but the backdrop has turned considerably less hospitable.” He also described a shift in AI-related trading: “What was once a broad, buy-anything-with-an-AI-label momentum trade is becoming a much tougher contest between balance-sheet strength and ambition.” These are attributed interpretations of market conditions, rather than reported index data.

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