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U.S.-listed Chinese firms trade mostly higher

2019-09-10 11:27

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NEW YORK, Sept. 9 (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 a positive note.    

Shares of Baidu and rose 2.41 percent and 1.29 percent respectively, leading the gainers in the top 10 stocks of the index.    

Shares of ZTO Express and New Oriental Education & Technology Group fell 1.56 percent and 1.06 percent respectively, leading the losers in the top 10 stocks of the index.    

U.S. stocks closed mixed on Monday, as the market was weighed on declining healthcare stocks, yet supported by investors' optimism on potential interest rate cuts by the U.S. Federal Reserve.    

The Dow Jones Industrial Average increased 38.05 points, or 0.14 percent, to 26,835.51. The S&P 500 fell 0.28 points, or 0.01 percent, to 2,978.43. The Nasdaq Composite Index was down 15.64 points, or 0.19 percent, to 8,087.44.    

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 1.8 percent to 15.27 on Monday.    

As of Friday, the S&P U.S. Listed China 50 index stood at 2,874.41, marking a 1.65-percent increase for the month-to-date returns and a 25.45-percent gain for the year-to-date returns.
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