U.S.-listed Chinese firms trade mostly higher
Xinhua,May 02, 2018 Adjust font size:
NEW YORK, May 1 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday, with eight of all top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a upbeat note.
Shares of Chinese e-commerce company JD.com and shares of New Oriental Education & Technology Group Inc. gained 2.63 percent and 1.76 percent respectively, the advancers among the 10 stocks.
Shares of another Chinese e-commerce giant Alibaba added 0.48 percent to close at 179.50 U.S. dollars apiece.
As of Monday, the S&P U.S. Listed China 50 index stood at 3,061.57, marking a 0.71-percent decrease for the month-to-date returns and a 0.95-percent loss for the year-to-date returns.
U.S. stocks ended mixed on Tuesday as investors digested a slew of corporate earnings reports as well as major economic data.
The Dow Jones Industrial Average fell 64.10 points, or 0.27 percent, to 24,099.05. The S&P 500 increased 6.75 points, or 0.25 percent, to 2,654.80. The Nasdaq Composite Index added 64.44 points, or 0.91 percent, to 7,130.70. Enditem