Rising oil prices and inflation concerns had a dampening effect on markets. Corporate earnings reports were robust, but this optimism was countered by worries about the impact of higher oil prices. The Nikkei 225 in Japan fell, while Australia's S&P/ASX 200 saw a slight increase. Other markets, such as South Korea's Kospi and Hong Kong's Hang Seng, also declined.

Further details on the market trends are available, including the performance of the Shanghai Composite.

Earnings reports from Asia and the US have been strong, which is helping to offset some concerns about global energy prices.