Stock market today: Asian shares mixed as investors await Fed policy decision, price data

BANGKOK — Shares were mixed in Asia on Monday after the S&P 500 logged its fourth winning week in a row, while investors await another decision by the Federal Reserve on interest rates.

Most observers expect no change in rates given recent data showing the U.S. economy slowing. This week also brings price data that might indicate whether the Fed is succeeding in snuffing inflation.

Friday also will bring a policy meeting of the Bank of Japan, which has refrained from making any major changes to its minus 0.1% benchmark interest rate despite rising prices, citing a need to wait and see if the inflation is sustained.

Tokyo’s benchmark NIkkei 225 added 0.3% to 32,362.58, while the Hang Seng in Hong Kong gave up 0.6% to 19,279.66. In Seoul, the Kospi declined 0.5% to 2,627.52.

The Shanghai Composite index slipped 0.3% to 3,222.35. Shares rose in Taiwan and India but fell in Bangkok….