NEW YORK, April 10 (Xinhua) -- U.S.-listed Chinese companies traded lower on Wednesday with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of JD.com and Baidu fell 2.36 percent and 2.19 percent, respectively, leading the losers in the top 10 stocks of the index.
Yet shares of ZTO Express rose 0.74 percent, the only gainer in the top 10 stocks of the index.
U.S. stocks ended higher on Wednesday, as investors digested the latest meeting minutes of the U.S. Federal Reserve and rising CPI data in March.
The Dow Jones Industrial Average was up 6.58 points, or 0.03 percent, to 26,157.16. The S&P 500 rose 10.01 points, or 0.35 percent, to 2,888.21. The Nasdaq Composite Index increased 54.97 points, or 0.69 percent, to 7,964.24.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 6.86 percent to 13.3 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 3,004.35, marking a 4.56-percent increase for the month-to-date returns and a 31.12-percent gain for the year-to-date returns. Enditem
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