U.S.-listed Chinese firms trade roughly flat

Source: Xinhua| 2018-09-22 05:20:17|Editor: Mu Xuequan
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NEW YORK, Sept. 21 (Xinhua) -- U.S.-listed Chinese companies traded roughly flat on Friday 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 TAL Education Group and New Oriental Education & Technology Group rose 3.61 percent and 3.51 percent, respectively, leading the gainers in the top 10 stocks of the index.

Shares of JD.com and Baidu declined 1.63 percent and 0.77 percent, leading the laggards in the top 10 stocks of the index.

U.S. stocks ended mixed on Friday after a robust session as investors digested a slew of economic data.

The Dow Jones Industrial Average was up 86.52 points, or 0.32 percent, to 26,743.50. The S&P 500 fell 1.08 points, or 0.04 percent, to 2,929.67. The Nasdaq Composite Index decreased 41.28 points, or 0.51 percent, to 7,986.96.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 1.02 percent to 11.68 on Friday.

As of Thursday, the S&P U.S. Listed China 50 index stood at 2,796.06, marking a 3.77-percent decrease for the month-to-date returns and a 9.54-percent loss for the year-to-date returns.

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