NEW YORK, July 11 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday with six 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 New Oriental Education & Technology Group and 58.com rose 1.66 percent and 1.23 percent respectively, leading the winners in the top 10 stocks of the index.
Shares of Ctrip.com International and TAL Education Group fell 1.50 percent and 1.37 percent respectively, leading the losers in the top 10 stocks of the index.
U.S. stocks ended mixed on Thursday, as investors digested a batch of key data. The market also continued to be encouraged by greater hopes for future rate cuts following the U.S. Federal Reserve chairman's monetary policy testimony.
The Dow Jones Industrial Average was up 227.88 points, or 0.85 percent, to 27,088.08. The S&P 500 rose 6.84 points, or 0.23 percent, to 2,999.91. The Nasdaq Composite Index dropped 6.49 points, or 0.08 percent, to 8,196.04.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 0.77 percent to 12.93 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,742.58, marking an 1.13-percent decrease for the month-to-date returns and a 19.69-percent gain for the year-to-date returns. Enditem
