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Stock market today: Asian shares mixed in muted trading after Wall Street barely budges

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BY YURI KAGEYAMA

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.

Japan’s benchmark Nikkei 225 lost early gains and was trading less than 0.1% higher at 38,194.38.

Australia’s S&P/ASX 200 slipped 0.2% to 7,731.40. South Korea’s Kospi was little changed, inching up less than 0.1% to 2,726.76. Hong Kong’s Hang Seng was up less than 0.1% at 19,115.78, while the Shanghai Composite lost nearly 0.3% to 3,139.89.

Investors were watching for indicators on inflation to gauge the direction of economic growth, as well as the strength of the dollar.

“Today marks a significant day for both Germany and the U.S.A. as they are set to unveil crucial economic data,” said Luca Santos, market analyst at ACY Securities, referring to consumer price data from Germany and producer costs in the U.S.

“Despite their different

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