Infants with neonatal acidemia and hypoxia may exhibit several clinical signs including respiratory distress, lethargy, poor feeding, and abnormal muscle tone. Cyanosis, or a bluish discoloration of the skin, is also a significant indicator of inadequate oxygenation. Other common symptoms may include irregular heart rates and diminished responsiveness, which require immediate evaluation and intervention. Identifying these symptoms early is crucial for effective management and treatment.