NEW YORK, June 10 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher 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 an upbeat note.
Shares of 58.com soared 4.49 percent, outpacing the rest in the top 10 stocks of the index.
Shares of Alibaba Group Holding Limited and Ctrip.com International gained 3.64 percent and 3.39 percent, respectively, also among the best performers.
U.S. stocks extended gains on Monday after the United States reached an agreement with Mexico on immigration to avert tariffs, easing some of the trade concerns on the market.
The Dow Jones Industrial Average increased 78.74 points, or 0.30 percent, to 26,062.68. The S&P 500 was up 13.39 points, or 0.47 percent, to 2,886.73. The Nasdaq Composite Index rose 81.07 points, or 1.05 percent, to 7,823.17.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.21 percent to 15.94 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,589.60, marking a 2.67-percent increase for the month-to-date returns and a 13.02-percent gain for the year-to-date returns. Enditem
