U.S.-listed Chinese companies traded lower 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 an downbeat note.
Shares of New Oriental Education & Technology Group and JD.com fell 2.48 percent and 2.33 percent respectively, leading the losers in the top 10 stocks of the index.
Shares of Alibaba Group, however, rose 0.57 percent, leading the advancers in the top 10 stocks of the index.
U.S. stocks ended mixed on Wednesday, as investors digested a slew of issues, including some economic data, U.S. Federal Reserve chair's testimony and the latest geopolitical updates.
The Dow Jones Industrial Average was down 72.82 points, or 0.28 percent, to 25,985.16. The S&P 500 was down 1.52 points, or 0.05 percent, to 2,792.38. The Nasdaq Composite Index was up 5.21 points, or 0.07 percent, to 7,554.51. The Cboe Volatility index, widely considered the best fear gauge in the stock market, fell 3.1 percent to 14.7 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,733.07, marking a 6.54-percent increase for the month-to-date returns and a 19.28-percent gain for the year-to-date returns.
Shares of New Oriental Education & Technology Group and JD.com fell 2.48 percent and 2.33 percent respectively, leading the losers in the top 10 stocks of the index.
Shares of Alibaba Group, however, rose 0.57 percent, leading the advancers in the top 10 stocks of the index.
U.S. stocks ended mixed on Wednesday, as investors digested a slew of issues, including some economic data, U.S. Federal Reserve chair's testimony and the latest geopolitical updates.
The Dow Jones Industrial Average was down 72.82 points, or 0.28 percent, to 25,985.16. The S&P 500 was down 1.52 points, or 0.05 percent, to 2,792.38. The Nasdaq Composite Index was up 5.21 points, or 0.07 percent, to 7,554.51. The Cboe Volatility index, widely considered the best fear gauge in the stock market, fell 3.1 percent to 14.7 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,733.07, marking a 6.54-percent increase for the month-to-date returns and a 19.28-percent gain for the year-to-date returns.
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