U.S.-listed Chinese firms trade mostly higher

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NEW YORK, June 11 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of TAL Education Group advanced 3.73 percent, outperforming the rest in the top 10 stocks of the index.

Shares of both Baidu and Ctrip.com International gained more than 3 percent, also among the best performers.

Yum China Holdings stock, however, fell 0.48 percent, the only decliner in the top 10 stocks of the index.

U.S. equities closed slightly lower on Tuesday as Wall Street digested a slew of lackluster economic data.

The Dow Jones Industrial Average fell 14.17 points, or 0.05 percent, to 26,048.51. The S&P 500 was down 1.01 points, or 0.03 percent, to 2,885.72. The Nasdaq Composite Index decreased 0.60 point, or 0.01 percent, to 7,822.57.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 0.31 percent to 15.99 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,650.93, marking a 5.10-percent increase for the month-to-date returns and a 15.70-percent gain for the year-to-date returns. Enditem

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