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U.S.-listed Chinese firms trade mostly higher

NEW YORK
2019-04-18 05:30

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NEW YORK, April 17 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Wednesday 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 58.com and ZTO Express gained 1.21 percent and 1.04 percent, respectively, leading the advancers in the top 10 stocks of the index.

Shares of Ctrip.com International, Ltd. and TAL Education Group slid 0.86 percent and 0.63 percent, respectively, leading the laggards in the top 10 stocks of the index.

U.S. stocks ended lower on Wednesday as major health care shares declined, dragging the market.

The Dow Jones Industrial Average decreased 3.12 points, or 0.01 percent, to 26,449.54. The S&P 500 fell 6.61 points, or 0.23 percent, to 2,900.45. The Nasdaq Composite Index was down 4.15 points, or 0.05 percent, to 7,996.08.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 3.45 percent to 12.60 on Wednesday.

As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,933.14, marking a 2.08-percent increase for the month-to-date returns and a 28.01-percent gain for the year-to-date returns. Enditem

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