NEW YORK, April 3 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Wednesday 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 58.com and NetEase rose 4.55 percent and 3.59 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of Alibaba Group Holding and Yum China Holdings slid 1.88 percent and 0.22 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. equities ended higher on Wednesday as shares of major chipmakers posted solid gains, underpinning the market. The Dow Jones Industrial Average was up 39.00 points, or 0.15 percent, to 26,218.13. The S&P 500 increased 6.16 points, or 0.21 percent, to 2,873.40. The Nasdaq Composite Index rose 46.86 points, or 0.60 percent, to 7,895.55.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.84 percent to 13.74 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,933.33, marking a 2.09-percent increase for the month-to-date returns and a 28.02-percent gain for the year-to-date returns.
Shares of 58.com and NetEase rose 4.55 percent and 3.59 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of Alibaba Group Holding and Yum China Holdings slid 1.88 percent and 0.22 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. equities ended higher on Wednesday as shares of major chipmakers posted solid gains, underpinning the market. The Dow Jones Industrial Average was up 39.00 points, or 0.15 percent, to 26,218.13. The S&P 500 increased 6.16 points, or 0.21 percent, to 2,873.40. The Nasdaq Composite Index rose 46.86 points, or 0.60 percent, to 7,895.55.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.84 percent to 13.74 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,933.33, marking a 2.09-percent increase for the month-to-date returns and a 28.02-percent gain for the year-to-date returns.
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