U.S.-listed Chinese companies traded mostly higher on Monday, with six 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 NetEase and shares of Baidu, jumped 3.95 percent and 2.35 percent respectively, leading the advancers in the top 10 stocks of the index, while shares of BeiGene tumbled 7.75 percent as the biggest laggard among the 10 stocks.
At Monday's close, shares of Alibaba, another Chinese e-commerce giant listed in the U.S. equity market, added 0.31 percent to 205.70 U.S. dollars apiece.
U.S. stocks closed higher on Monday as investors awaited the hotly anticipated meeting between top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Un and U.S. President Donald Trump in Singapore.
At the close, the Dow Jones Industrial Average increased 5.78 points, or 0.02 percent, to 25,322.31. The S&P 500 increased 2.97 points, or 0.11 percent, to 2,782.00. The Nasdaq Composite Index rose 14.41 points, or 0.19 percent, to 7,659.93.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 1.40 percent to 12.35 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 3,390.27, marking a 6.13-percent gain for the month-to-date returns and a 9.68-percent increase for the year-to-date returns.
Shares of NetEase and shares of Baidu, jumped 3.95 percent and 2.35 percent respectively, leading the advancers in the top 10 stocks of the index, while shares of BeiGene tumbled 7.75 percent as the biggest laggard among the 10 stocks.
At Monday's close, shares of Alibaba, another Chinese e-commerce giant listed in the U.S. equity market, added 0.31 percent to 205.70 U.S. dollars apiece.
U.S. stocks closed higher on Monday as investors awaited the hotly anticipated meeting between top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Un and U.S. President Donald Trump in Singapore.
At the close, the Dow Jones Industrial Average increased 5.78 points, or 0.02 percent, to 25,322.31. The S&P 500 increased 2.97 points, or 0.11 percent, to 2,782.00. The Nasdaq Composite Index rose 14.41 points, or 0.19 percent, to 7,659.93.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 1.40 percent to 12.35 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 3,390.27, marking a 6.13-percent gain for the month-to-date returns and a 9.68-percent increase for the year-to-date returns.
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