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U.S.-listed Chinese firms trade higher

NEW YORK
2019-11-05 06:30

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NEW YORK, Nov. 4 (Xinhua) -- U.S.-listed Chinese companies traded higher on Monday with all 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 NetEase and JD.com rose 6.28 percent and 5.18 percent, respectively, leading the gainers in the top 10 stocks of the index.

U.S. stocks closed higher on Monday, as investors digested mixed economic releases and kept a close eye on the latest development of U.S.-China trade scenarios.

The Dow Jones Industrial Average rose 114.75 points, or 0.42 percent, to 27,462.11. The S&P 500 rallied 11.36 points, or 0.37 percent, to 3,078.27. The Nasdaq Composite Index was up 46.80 points, or 0.56 percent, to 8,433.20.

The Cboe Volatility Index, widely considered the best fear gauge in the stock market, increased 4.31 percent to 12.83 on Monday.

As of Friday, the S&P U.S. Listed China 50 index stood at 2,943.09, marking a 1.67-percent increase for the month-to-date returns and a 28.45-percent gain for the year-to-date returns.
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