U.S.-listed Chinese companies traded mostly lower on Tuesday, with 6 of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of JD.com and shares of Ctrip.com dropped 3.05 percent and 2.89 percent respectively, leading the laggards in the top 10 stocks of the index, while shares of New Oriental Education & Technology Group jumped 3.97 percent as the biggest advancer among the 10 stocks.

Shares of Alibaba, another Chinese famous e-commerce giant listed in the U.S. equity market, fell 1.41 percent to 173.09 U.S. dollars apiece on Tuesday.

U.S. stocks declined on Tuesday, giving up earlier gains, as losses in 3M and Google-parent Alphabet dragged major indexes lower.

At the close, the Dow Jones Industrial Average was down 424.56 points, or 1.74 percent, to 24,024.13. The S&P 500 fell 35.73 points, or 1.34 percent, to 2,634.56. The Nasdaq Composite Index was down 121.25 points, or 1.70 percent, to 7,007.35.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, surged 10.28 percent to 18.02 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,999.84, marking a 2.71-percent decline for the month-to-date returns and a 2.95-percent decrease for the year-to-date returns.

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