U.S.-listed Chinese companies traded mostly lower on Thursday, with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index endin Xg the day on a downbeat note.
Shares of New Oriental Education & Technology Group and SINA Corporation fell more than 2.1 percent and over 1.9 percent respectively, leading the losers.
Shares of NetEase and Baidu rose 0.25 percent and 0.15 percent respectively around market close, the only two stocks that extended gains among the top 10 Chinese stocks.
U.S. stocks ended mixed on Thursday, as tech-related stocks' strong performance offset part of the negative impact caused by an unexpected biggest fall of U.S. retail sales in December 2018 in nine years.
The Dow Jones Industrial Average fell 103.88 points, or 0.41 percent, to 25, 439.39. The S&P 500 was down 7.30 points, or 0.27 percent, to 2,745.73. The Nasdaq Composite Index rose 6.58 points, or 0.09 percent, to 7,426.95.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 3.64 percent to 16.22 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,656.74, marking a 3.56-percent increase for the month-to-date returns and a 15.95-percent gain for the year-to-date returns.
Shares of New Oriental Education & Technology Group and SINA Corporation fell more than 2.1 percent and over 1.9 percent respectively, leading the losers.
Shares of NetEase and Baidu rose 0.25 percent and 0.15 percent respectively around market close, the only two stocks that extended gains among the top 10 Chinese stocks.
U.S. stocks ended mixed on Thursday, as tech-related stocks' strong performance offset part of the negative impact caused by an unexpected biggest fall of U.S. retail sales in December 2018 in nine years.
The Dow Jones Industrial Average fell 103.88 points, or 0.41 percent, to 25, 439.39. The S&P 500 was down 7.30 points, or 0.27 percent, to 2,745.73. The Nasdaq Composite Index rose 6.58 points, or 0.09 percent, to 7,426.95.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 3.64 percent to 16.22 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,656.74, marking a 3.56-percent increase for the month-to-date returns and a 15.95-percent gain for the year-to-date returns.
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