NEW YORK, June 17 (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 Ctrip.com International and Alibaba Group Holding rose 1.17 percent and 1.14 percent respectively, leading the gainers in the top 10 stocks of the index.
Shares of New Oriental Education & Technology Group and NetEase declined 1.75 percent and 0.82 percent respectively, leading the losers in the top 10 stocks of the index.
U.S. stocks closed with mild gains on Monday, as investors eyed more clues for rate cuts ahead of U.S. Federal Reserve's monetary policy meeting this week.
The Dow Jones Industrial Average was up 22.92 points, or 0.09 percent, to 26,112.53. The S&P 500 rose 2.69 points, or 0.09 percent, to 2,889.67. The Nasdaq Composite Index gained 48.37 points, or 0.62 percent, to 7,845.02.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 0.46 percent to 15.35 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,626.27, marking a 4.12-percent increase for the month-to-date returns and a 14.62-percent gain for the year-to-date returns. Enditem
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