NEW YORK, April 15 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower 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 downbeat note.
Shares of TAL Education Group and Alibaba Group Holding slid 4.95 percent and 3.09 percent, respectively, leading the laggards in the top 10 stocks of the index.
Shares of JD.com and Baidu, Inc. declined 2.98 percent and 2.55 percent, respectively, also among the worst performers.
U.S. stocks declined on Monday as major bank shares fell, weighing on the market.
The Dow Jones Industrial Average decreased 27.53 points, or 0.10 percent, to 26,384.77. The S&P 500 fell 1.83 points, or 0.06 percent, to 2,905.58. The Nasdaq Composite Index dropped 8.15 points, or 0.10 percent, to 7,976.01.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.58 percent to 12.32 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,987.33, marking a 3.96-percent increase for the month-to-date returns and a 30.38-percent gain for the year-to-date returns. Enditem
