Tech companies are spending big on AI, but investors might be getting nervous.

U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening.

Asian markets are mixed in quiet trading, with most of the regions’ benchmarks inching higher after U.S. stocks hit new record highs.

Shares are weaker in Asia after benchmarks dipped on Wall Street following mixed earnings reports from big companies and more signals the U.S. economy may be slowing.