Asian Markets Trade Mostly Higher

(RTTNews) - Asian stock markets are mostly higher on Wednesday, following the broadly positive cues overnight from Wall Street, on continued bargain hunting and as traders digest the latest batch of quarterly earnings news, with strong gains in technology and financial stocks partially offset by weakness in energy stocks as oil prices fell sharply for a second straight session. Asian Markets closed mostly higher on Tuesday. Meanwhile, lingering worries about the surge in cases of the coronavirus omicron variant in several countries continues to impact market sentiment. Traders also continue to look ahead to the U.S. Labor Department's report on consumer price inflation in the month of January.