Asian equities are poised for a positive open in holiday-thinned trading, while US markets experienced volatility as investors grappled with the outlook for artificial intelligence. The choppy session in New York saw traders struggling to assess AI's impact on corporate earnings and valuations.

Holiday trading conditions in Asia typically result in reduced liquidity and increased volatility, with many regional markets operating on shortened schedules. The positive sentiment in Asia contrasts with the uncertainty gripping US markets, where AI-related stocks have been particularly volatile. Investors are weighing the potential for AI to drive productivity gains against concerns about overvaluation in the sector.

The divergent market movements highlight the challenges facing investors as they navigate the rapidly evolving AI landscape. While Asian markets appear optimistic about the technology's long-term potential, US traders remain cautious about the near-term implications for corporate profits and economic growth.