U.S.-listed Chinese companies traded mostly lower on Friday with all of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of TAL Education and New Oriental declined 4.36 percent and 3.57 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks closed sharply lower on Friday as investors digested a batch of economic data.
The Dow Jones Industrial Average fell 558.72 points, or 2.24 percent, to 24,388.95. The S&P 500 fell 62.87 points, or 2.33 percent, to 2,633.08. The Nasdaq Composite Index fell 219.01 points, or 3.05 percent, to 6,969.25.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,480.96, marking a 2.05-percent decrease for the month-to-date returns and a 19.74-percent loss for the year-to-date returns.
Shares of TAL Education and New Oriental declined 4.36 percent and 3.57 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks closed sharply lower on Friday as investors digested a batch of economic data.
The Dow Jones Industrial Average fell 558.72 points, or 2.24 percent, to 24,388.95. The S&P 500 fell 62.87 points, or 2.33 percent, to 2,633.08. The Nasdaq Composite Index fell 219.01 points, or 3.05 percent, to 6,969.25.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,480.96, marking a 2.05-percent decrease for the month-to-date returns and a 19.74-percent loss for the year-to-date returns.
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