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 SINA Corporation and Yum China Holdings, Inc. rose 1.40 percent and 1.08 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of New Oriental Education & Technology Group and Alibaba Group slid 1.72 percent and 1.41 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks rallied on Tuesday as some of the biggest tech shares rebounded after steep losses in the previous session, bolstering the market.
The Dow Jones Industrial Average increased 184.84 points, or 0.71 percent, to 26,246.96. The S&P 500 was up 15.51 points, or 0.54 percent, to 2,904.31. The Nasdaq Composite Index rose 60.32 points, or 0.76 percent, to 7,956.11.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 6.51 percent to 12.79 on Tuesday.
As of Monday, the S&P U.S. Listed China 50 index stood at 2,658.45, marking an 8.50-percent decrease for the month-to-date returns and a 13.99-percent loss for the year-to-date returns. Enditem
Shares of SINA Corporation and Yum China Holdings, Inc. rose 1.40 percent and 1.08 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of New Oriental Education & Technology Group and Alibaba Group slid 1.72 percent and 1.41 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks rallied on Tuesday as some of the biggest tech shares rebounded after steep losses in the previous session, bolstering the market.
The Dow Jones Industrial Average increased 184.84 points, or 0.71 percent, to 26,246.96. The S&P 500 was up 15.51 points, or 0.54 percent, to 2,904.31. The Nasdaq Composite Index rose 60.32 points, or 0.76 percent, to 7,956.11.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 6.51 percent to 12.79 on Tuesday.
As of Monday, the S&P U.S. Listed China 50 index stood at 2,658.45, marking an 8.50-percent decrease for the month-to-date returns and a 13.99-percent loss for the year-to-date returns. Enditem
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