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U.S.-listed Chinese firms trade roughly flat

Xinhua News,NEW YORK
2020-01-15 05:47

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NEW YORK, Jan. 14 (Xinhua) -- U.S.-listed Chinese companies traded roughly flat on Tuesday with five 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 Trip.com Group and New Oriental Education & Technology Group rose 2.26 percent and 1.58 percent, respectively, leading the advancers in the top 10 stocks in the index.

Shares of Pinduoduo and Alibaba Group shed 3.38 percent and 1.73 percent, respectively, leading the decliners in the top 10 stocks.

U.S. stocks finished Tuesday's session on a mixed note as Wall Street digested a slew of corporate earnings and the consumer price index data.

The Dow Jones Industrial Average rose 32.62 points, or 0.11 percent, to 28,939.67. The S&P 500 was down 4.98 points, or 0.15 percent, to 3,283.15. The Nasdaq Composite Index decreased 22.60 points, or 0.24 percent, to 9,251.33.

The Cboe Volatility Index, widely considered the best fear gauge in the stock market, rose 0.57 percent to 12.39 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 3,437.81, marking an 8.54-percent increase for the month-to-date returns and an 8.54-percent gain for the year-to-date returns.
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