U.S.-listed Chinese firms trade mostly lower

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NEW YORK, Sept. 10 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Tuesday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day in negative territory.

Shares of Baidu and ZTO Express rose 5.08 percent and 0.72 percent respectively, leading the gainers in the top 10 stocks of the index.

Shares of New Oriental Education & Technology Group and TAL Education Group fell 5.41 percent and 4.64 percent respectively, leading the losers in the top 10 stocks of the index.

U.S. stocks closed mixed Tuesday, with the three major indexes posting slight changes, as the market was pulled back by an overall retreating tech stock sector, led by losses of big corporate shares.

The Dow Jones Industrial Average rose 73.92 points, or 0.28 percent, to 26,909.43. The S&P 500 increased 0.96 points, or 0.03 percent, to 2,979.39. The Nasdaq Composite Index fell 3.28 points, or 0.04 percent, to 8,084.16.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 0.46 percent to 15.2 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,900.42, marking a 2.57-percent increase for the month-to-date returns and a 26.58-percent gain for the year-to-date returns. Enditem

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