U.S.-listed Chinese firms trade mostly lower

Source: Xinhua| 2019-11-20 06:01:55|Editor: huaxia
Video PlayerClose

NEW YORK, Nov. 19 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Tuesday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

ZTO Express stock erased 6.24 percent, leading the decliners in the top 10 stocks in the index. Shares of both Pinduoduo and JD.com slid more than 1 percent, also among the worst performers.

Shares of Yum China Holdings rose 1.33 percent, outperforming the rest in the top 10 stocks in the index.

U.S. stocks gave up most of the earlier gains to close mixed on Tuesday, dragged by a sharp decline in Home Depot shares.

The Dow Jones Industrial Average dropped 102.20 points, or 0.36 percent, to 27,934.02. The S&P 500 fell 1.85 points, or 0.06 percent, to 3,120.18. The Nasdaq Composite Index was up 20.72 points, or 0.24 percent, to 8,570.66.

The Cboe Volatility Index, widely considered the best fear gauge in the stock market, was up 3.21 percent to 12.86 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,985.41, marking a 3.13-percent increase for the month-to-date returns and a 30.29-percent gain for the year-to-date returns. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011102121385679561