Stock market today: Asian shares mixed after Fed chair inflation comments

Asian shares are trading mixed, echoing the trend on Wall Street after the Federal Reserve chair made comments that indicated inflation still isn't under control. Shares fell in Tokyo and Sydney but rose in Seoul. Trading was closed in Hong Kong and Shanghai for the Dragon Boat Festival, a national holiday. That offers a break for Chinese shares from jitters about possible renewed tensions in the U.S.-China relationship after President Joe Biden referred to Chinese President Xi Jinping as a dictator. Drops for technology stocks left Wall Street mixed and sapped momentum from its five-week rally.