NEW YORK, March 21 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday with eight 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 JD.com and NetEase rose 2.42 percent and 1.27 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of TAL Education Group and ZTO Express fell 1.52 percent and 0.38 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. stocks advanced on Thursday as major tech shares surged, contributing to the market. The Dow Jones Industrial Average jumped 216.84 points, or 0.84 percent, to 25,962.51. The S&P 500 increased 30.65 points, or 1.09 percent, to 2,854.88. The Nasdaq Composite Index rose 109.99 points, or 1.42 percent, to 7,838.96.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.01 percent to 13.63 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,792.32, marking a 2.11-percent increase for the month-to-date returns and a 21.87-percent gain for the year-to-date returns.
Shares of JD.com and NetEase rose 2.42 percent and 1.27 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of TAL Education Group and ZTO Express fell 1.52 percent and 0.38 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. stocks advanced on Thursday as major tech shares surged, contributing to the market. The Dow Jones Industrial Average jumped 216.84 points, or 0.84 percent, to 25,962.51. The S&P 500 increased 30.65 points, or 1.09 percent, to 2,854.88. The Nasdaq Composite Index rose 109.99 points, or 1.42 percent, to 7,838.96.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.01 percent to 13.63 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,792.32, marking a 2.11-percent increase for the month-to-date returns and a 21.87-percent gain for the year-to-date returns.
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