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U.S.-listed Chinese firms trade mostly higher

NEW YORK
2019-07-03 05:31

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NEW YORK, July 2 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday 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 JD.com rose 1.14 percent and 0.83 percent, respectively, leading the gainers in the top 10 stocks of the index.

Shares of Yum China Holdings and ZTO Express declined 3.47 percent and 0.66 percent, respectively, leading the laggards in the top 10 stocks of the index.

U.S. stocks ended higher on Tuesday, closing a volatile session amid concerns over a potential U.S.-EU trade dispute.

The Dow Jones Industrial Average rose 69.25 points, or 0.26 percent, to 26,786.68. The S&P 500 increased 8.68 points, or 0.29 percent, to 2,973.01.

The Nasdaq Composite Index was up 17.93 points, or 0.22 percent, to 8,109.09.

The Cboe Volatility Index, widely considered the best fear gauge in the stock market, decreased 8.04 percent to 12.93 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,828.53, marking a 1.97-percent increase for the month-to-date returns and a 23.45-percent gain for the year-to-date returns.
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