NEW YORK, Jan. 5 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday with seven 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 Pinduoduo and JD.com soared 12.24 percent and 10.62 percent, respectively, leading the gainers in the top 10 stocks in the index.

Shares of Baidu and NIO slipped 1.29 percent and 0.54 percent, respectively, leading the laggards in the top 10 stocks.

Wall Street's major averages finished higher on Tuesday as investors turned their focus to two high-stake Senate runoffs in the U.S. state of Georgia.

The Dow Jones Industrial Average rose 167.71 points, or 0.55 percent, to 30,391.60. The S&P 500 was up 26.21 points, or 0.71 percent, to 3,726.86. The Nasdaq Composite Index increased 120.51 points, or 0.95 percent, to 12,818.96.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 6.04 percent to 25.34.

As of Monday, the S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, stood at 5,146.35, marking a 1.5-percent loss for the month-to-date returns and a 1.5-percent decline for the year-to-date returns. Enditem

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