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U.S.-listed Chinese firms trade mostly higher

NEW YORK
2019-04-09 06:34

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NEW YORK, April 8 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Monday with six 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 Baidu and 58.com rose 1.77 percent and 0.84 percent, respectively, leading the gainers in the top 10 stocks of the index.

Yet shares of JD.com and Yum China Holdings fell 1.44 percent and 1.14 percent respectively, leading the losers in the top 10 stocks of the index.

U.S. stocks ended mixed on Monday, as the Dow was pulled down by several large aircraft stocks.

The Dow Jones Industrial Average fell 83.97 points, or 0.32 percent, to 26,341.02. The S&P 500 rose 3.03 points, or 0.10 percent, to 2,895.77. The Nasdaq Composite Index increased 15.19 points, or 0.19 percent, to 7,953.88.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.81 percent to 13.18 on Monday.

As of Friday, the S&P U.S. Listed China 50 index stood at 3,027.55, marking a 5.36-percent increase for the month-to-date returns and a 32.13-percent gain for the year-to-date returns.
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