U.S.-listed Chinese firms trade lower

Source: Xinhua| 2018-09-06 06:52:35|Editor: Yamei
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NEW YORK, Sept. 5 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Wednesday with all of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of JD.com, Inc. and TAL Education Group dipped 10.64 percent and 5.54 percent, respectively, leading the laggards in the top 10 stocks of the index.

U.S. stocks ended mixed on Wednesday as tech shares fell, dragging the market.

The Dow Jones Industrial Average rose 22.51 points, or 0.09 percent, to 25,974.99. The S&P 500 fell 8.12 points, or 0.28 percent, to 2,888.60. The Nasdaq Composite Index decreased 96.07 points, or 1.19 percent, to 7,995.17.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 5.70 percent to 13.91 on Wednesday.

As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,846.84, marking a 2.02-percent decrease for the month-to-date returns and a 7.90-percent loss for the year-to-date returns.

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