U.S.-listed Chinese companies traded mostly higher on Wednesday with all 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 New Oriental Education & Technology Group and JD.com advanced 6.08 percent and 4.54 percent, respectively, leading the top 10 stocks of the index.
Shares of Baidu and SINA Corporation rose 4.39 percent and 3.83 percent, respectively, also among the biggest gainers in the top 10 stocks of the index.
U.S. stocks closed mixed on Wednesday as investors digested a slew of economic data amid rallying bank shares.
The Dow Jones Industrial Average surged 158.80 points, or 0.61 percent, to 26,405.76. The S&P 500 was up 3.64 points, or 0.13 percent, to 2,907.95. The Nasdaq Composite Index decreased 6.07 points, or 0.08 percent, to 7,950.04.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 8.13 percent to 11.75 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,660.22, marking a 8.44-percent decrease for the month-to-date returns and a 13.94-percent loss for the year-to-date returns.
Shares of New Oriental Education & Technology Group and JD.com advanced 6.08 percent and 4.54 percent, respectively, leading the top 10 stocks of the index.
Shares of Baidu and SINA Corporation rose 4.39 percent and 3.83 percent, respectively, also among the biggest gainers in the top 10 stocks of the index.
U.S. stocks closed mixed on Wednesday as investors digested a slew of economic data amid rallying bank shares.
The Dow Jones Industrial Average surged 158.80 points, or 0.61 percent, to 26,405.76. The S&P 500 was up 3.64 points, or 0.13 percent, to 2,907.95. The Nasdaq Composite Index decreased 6.07 points, or 0.08 percent, to 7,950.04.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 8.13 percent to 11.75 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,660.22, marking a 8.44-percent decrease for the month-to-date returns and a 13.94-percent loss for the year-to-date returns.
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