NEW YORK, Nov. 30 (Xinhua) — U.S.-listed Chinese language firms traded roughly decrease on Monday, with all the highest 10 stocks by weight within the S&P U.S. Listed China 50 index ending the day on a downbeat word.
Shares of NIO and Alibaba Group Holding slipped 6.43 % and 4.75 %, respectively, main the losses within the high 10 stocks within the index.
Shares of JD.com and TAL Schooling Group dipped 4.54 % and 4.17 %, respectively, additionally among the many worst performers.
U.S. stocks dropped on Monday because the nation grapples with hovering COVID-19 infections.
The Dow Jones Industrial Common fell 271.73 points, or 0.91 %, to finish at 29,638.64. The S&P 500 slid 16.72 points, or 0.46 %, to three,621.63. The Nasdaq Composite Index decreased 7.11 points, or 0.06 %, to 12,198.74.
The Cboe Volatility Index, broadly thought-about as the perfect worry gauge within the stock market, declined 1.three % to 20.57.
As of Friday, the S&P U.S. Listed China 50 index, which is designed to trace the efficiency of the 50 largest Chinese language firms listed on U.S. exchanges by complete market cap, stood at 5,067.11, marking a 14.67-percent enhance for the month-to-date returns and a 59.98-percent acquire for the year-to-date returns.
