NEW YORK, April 1 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Monday with seven 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 NetEase and JD.com climbed 6.03 percent and 3.68 percent, respectively, leading the gainers in the top 10 stocks of the index. Stocks of Baidu and Ctrip.com International both rose more than 3 percent, also among the best performers.
Shares of New Oriental Education & Technology Group and Alibaba Group Holding slid 1.17 percent and 0.86 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks rallied on Monday as market sentiment was lifted by upbeat manufacturing data from major economies.
The Dow Jones Industrial Average surged 329.74 points, or 1.27 percent, to 26,258.42. The S&P 500 was up 32.79 points, or 1.16 percent, to 2,867.19. The Nasdaq Composite Index increased 99.59 points, or 1.29 percent, to 7,828.91.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.26 percent to 13.40 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,873.42, marking a 5.07-percent increase for the month-to-date returns and a 25.41-percent gain for the year-to-date returns.
Shares of NetEase and JD.com climbed 6.03 percent and 3.68 percent, respectively, leading the gainers in the top 10 stocks of the index. Stocks of Baidu and Ctrip.com International both rose more than 3 percent, also among the best performers.
Shares of New Oriental Education & Technology Group and Alibaba Group Holding slid 1.17 percent and 0.86 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks rallied on Monday as market sentiment was lifted by upbeat manufacturing data from major economies.
The Dow Jones Industrial Average surged 329.74 points, or 1.27 percent, to 26,258.42. The S&P 500 was up 32.79 points, or 1.16 percent, to 2,867.19. The Nasdaq Composite Index increased 99.59 points, or 1.29 percent, to 7,828.91.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.26 percent to 13.40 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,873.42, marking a 5.07-percent increase for the month-to-date returns and a 25.41-percent gain for the year-to-date returns.
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