NEW YORK, April 16 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday 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 surged 3.96 percent, leading the gainers in the top 10 stocks of the index.
Shares of both Alibaba Group Holding and Yum China Holdings rose more than 1 percent, also among the best performers.
Shares of NetEase and TAL Education Group slid 1.77 percent and 1.25 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. stocks climbed on Tuesday as Wall Street digested a slew of quarterly results and corporate news.
The Dow Jones Industrial Average gained 67.89 points, or 0.26 percent, to 26,452.66. The S&P 500 increased 1.48 points, or 0.05 percent, to 2,907.06. The Nasdaq Composite Index rose 24.21 points, or 0.30 percent, to 8,000.23.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 1.14 percent to 12.18 on Tuesday.
As of Monday, the S&P U.S. Listed China 50 index stood at 2,913.53, marking a 1.40-percent increase for the month-to-date returns and a 27.16-percent gain for the year-to-date returns. Enditem
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