NEW YORK, May 19 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday, with eight 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 Yum China Holdings and NetEase rose 4.7 percent and 3.62 percent, respectively, leading the advancers in the top 10 stocks in the index.
Shares of Pinduoduo and JD.com retreated 5.07 percent and 2.29 percent, respectively, the only two decliners in the top 10 stocks.
U.S. stocks dropped on Tuesday, dragged by a noticeable pullback in the energy sector.
The Dow Jones Industrial Average decreased 390.51 points, or 1.59 percent, to 24,206.86. The S&P 500 fell 30.97 points, or 1.05 percent, to 2,922.94. The Nasdaq Composite Index shed 49.72 points, or 0.54 percent, to 9,185.10.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, climbed 4.2 percent to 30.53.
As of Monday, the S&P U.S. Listed China 50 index stood at 3,557.97, marking a 10.05-percent increase for the month-to-date returns and a 12.34-percent gain for the year-to-date returns. Enditem
Go to Forum >>0 Comment(s)