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 and NetEase rose 7.22 percent and 6.61 percent respectively, leading the advancers in the top 10 stocks of the index.
U.S. stocks closed higher on Wednesday after a summary of Federal Reserve's meeting in December showed the central bank is patient on rate hikes.
The Dow Jones Industrial Average increased 91.67 points, or 0.39 percent, to 23,879.12. The S&P 500 was up 10.55 points, or 0.41 percent, to 2,584.96. The Nasdaq Composite Index was up 60.08 points, or 0.87 percent, to 6,957.08.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,403.14, marking an 4.88-percent increase for both the month-to-date returns and the year-to-date returns.
Shares of New Oriental and NetEase rose 7.22 percent and 6.61 percent respectively, leading the advancers in the top 10 stocks of the index.
U.S. stocks closed higher on Wednesday after a summary of Federal Reserve's meeting in December showed the central bank is patient on rate hikes.
The Dow Jones Industrial Average increased 91.67 points, or 0.39 percent, to 23,879.12. The S&P 500 was up 10.55 points, or 0.41 percent, to 2,584.96. The Nasdaq Composite Index was up 60.08 points, or 0.87 percent, to 6,957.08.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,403.14, marking an 4.88-percent increase for both the month-to-date returns and the year-to-date returns.
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