U.S.-listed Chinese companies traded mostly lower on Monday 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 BeiGene, Ltd. and SINA Corporation dipped 4.64 percent and 3.90 percent, respectively, leading the decliners in the top 10 stocks of the index.
Shares of JD.com and Yum China Holdings fell 3.67 percent and 2.32 percent, respectively, also among the worst performers in the top 10 stocks of the index.
U.S. stocks dropped on Monday as major tech shares underperformed, weighing on the market.
The Dow Jones Industrial Average fell 86.11 points, or 0.36 percent, to 23,909.84. The S&P 500 decreased 13.65 points, or 0.53 percent, to 2,582.61. The Nasdaq Composite Index slid 65.56 points, or 0.94 percent, to 6,905.92.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 4.84 percent to 19.07 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,418.25, marking a 5.54-percent increase for the month-to-date returns and a 5.54 -percent gain for the year-to-date returns.
Shares of BeiGene, Ltd. and SINA Corporation dipped 4.64 percent and 3.90 percent, respectively, leading the decliners in the top 10 stocks of the index.
Shares of JD.com and Yum China Holdings fell 3.67 percent and 2.32 percent, respectively, also among the worst performers in the top 10 stocks of the index.
U.S. stocks dropped on Monday as major tech shares underperformed, weighing on the market.
The Dow Jones Industrial Average fell 86.11 points, or 0.36 percent, to 23,909.84. The S&P 500 decreased 13.65 points, or 0.53 percent, to 2,582.61. The Nasdaq Composite Index slid 65.56 points, or 0.94 percent, to 6,905.92.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 4.84 percent to 19.07 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,418.25, marking a 5.54-percent increase for the month-to-date returns and a 5.54 -percent gain for the year-to-date returns.
Latest comments