U.S.-listed Chinese companies traded higher on Wednesday, with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a upbeat note.
Shares of Baidu and New Oriental Education & Technology Group rose 2.10 percent and 1.68 percent respectively after market close, leading the winners.
Shares of NetEase fell 1.58 percent, and shares of BeiGene dipped 0.62 percent, leading the losers.
U.S. stocks ended higher on Wednesday, as the market was buoyed by upbeat inflation level shown by U.S. consumer prices in January, and better-than-expected earnings by a majority of U.S. companies for the fourth quarter of 2018.
Shortly after the closing bell, the Dow Jones Industrial Average rose 117.51 points, or 0.46 percent, to 25,543.27. The S&P 500 was up 8.30 points, or 0.30 percent, to 2,753.03. The Nasdaq Composite Index rose 5.76 points, or 0.08 percent, to 7,420.38.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 1.43 percent to 15.65 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,651.53, marking a 3.36-percent increase for the month-to-date returns and a 15.72-percent gain for the year-to-date returns.
Shares of Baidu and New Oriental Education & Technology Group rose 2.10 percent and 1.68 percent respectively after market close, leading the winners.
Shares of NetEase fell 1.58 percent, and shares of BeiGene dipped 0.62 percent, leading the losers.
U.S. stocks ended higher on Wednesday, as the market was buoyed by upbeat inflation level shown by U.S. consumer prices in January, and better-than-expected earnings by a majority of U.S. companies for the fourth quarter of 2018.
Shortly after the closing bell, the Dow Jones Industrial Average rose 117.51 points, or 0.46 percent, to 25,543.27. The S&P 500 was up 8.30 points, or 0.30 percent, to 2,753.03. The Nasdaq Composite Index rose 5.76 points, or 0.08 percent, to 7,420.38.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 1.43 percent to 15.65 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,651.53, marking a 3.36-percent increase for the month-to-date returns and a 15.72-percent gain for the year-to-date returns.
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