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​U.S.-listed Chinese companies trade mostly higher

NEW YORK
2018-05-09 09:15

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U.S.-listed Chinese companies traded mostly higher on Tuesday, with eight of all top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of Baidu rallied 3.62 percent to close at 263.09 U.S. dollars apiece, the biggest advancer among the 10 stocks. Meanwhile, stocks of Chinese e-commerce giant JD.com, the biggest laggard, lost 4.6 percent in market closing.

As of Monday, the S&P U.S. Listed China 50 index stood at 3,152.93, marking a 2.98-percent increase for the month-to-date returns and a 2-percent gain for the year-to-date returns.

U.S. stocks closed narrowly mixed on Tuesday as Wall Street digested U.S. President Donald Trump's decision on the Iran nuclear deal.

The Dow Jones Industrial Average increased 2.89 points, or 0.01 percent, to 24,360.21. The S&P 500 decreased 0.71 points, or 0.03 percent, to 2,671.92. The Nasdaq Composite Index was up 1.69 points, or 0.02 percent, to 7,266.90.
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