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

Asian shares are mixed in muted trading after U.S. stock indexes were little changed. Investors are waiting for updates on inflation. Chinese markets were flat ahead of an expected announcement by the Biden administration on raising tariffs on imports from China. On Monday, the S&P 500 edged less than 0.1% lower. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.3%. GameStop soared to one of the market's biggest gains. The U.S. government will release its latest monthly update on consumer inflation this week. Other reports include updates on wholesale prices and sales at U.S. retailers.