U.S.-listed Chinese companies traded mostly higher on Tuesday 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 BeiGene, Ltd. and JD.com rose 2.90 percent and 1.86 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of Baidu and TAL Education Group dipped 1.30 percent and 1.23 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks ended higher on Tuesday, erasing their earlier losses as market sentiment was boosted by new hopes for trade talks between Washington and its key trading partners.
The Dow Jones Industrial Average advanced 108.49 points, or 0.44 percent, to 24,748.73. The S&P 500 climbed 8.75 points, or 0.33 percent, to 2,682.20. The Nasdaq Composite Index rose 0.85 points, or 0.01 percent, to 7,082.70.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 0.63 percent to 19.02 on Tuesday.
As of Monday, the S&P U.S. Listed China 50 index stood at 2,454.28, marking a 1.55-percent decrease for the month-to-date returns and a 20.60-percent loss for the year-to-date returns. Enditem
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