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U.S.-listed Chinese firms trade lower amid earnings, data

Source: Xinhua| 2018-04-20 04:42:47|Editor: Mu Xuequan
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NEW YORK, April 19 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower 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 a downbeat note.

Shares of Chinese e-commerce platform JD.com declined 3.19 percent to settle at 38.90 U.S. dollars apiece. The New Oriental Education & Technology Group erased 2.17 percent to trade at 91.62 dollars apiece.

As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,083.80, marking a 0.01-percent gain for the month-to-date returns and a 0.23-percent decrease for the year-to-date returns.

U.S. stocks closed lower on Thursday as investors digested latest corporate earnings reports as well as major economic data.

The Dow Jones Industrial Average fell 83.18 points, or 0.34 percent, to 24,664.89. The S&P 500 fell 15.51 points, or 0.57 percent, to 2,693.13. The Nasdaq Composite Index decreased 57.18 points, or 0.78 percent, to 7,238.06.

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