NEW YORK, Aug. 1 (Xinhua) -- U.S.-listed Chinese companies traded roughly flat on Wednesday, with five of the 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of Baidu, Inc. and BeiGene, Ltd., dropped 7.73 percent and 4.18 percent, respectively, leading the laggards in the top 10 stocks of the index. Shares of TAL Education Group rose 2.97 percent, leading the gainers in the top 10 stocks.
U.S. stocks closed mixed on Wednesday as investors digested the Federal Reserve's latest announcement and a slew of economic data.
The Dow Jones Industrial Average decreased 81.37 points, or 0.32 percent, to 25,333.82. The S&P 500 was down 2.93 points, or 0.10 percent, to 2,813.36. The Nasdaq Composite Index increased 35.50 points, or 0.46 percent, to 7,707.29.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.49 percent to 13.15 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 3,153.21, marking a 1.46-percent decrease for the month-to-date returns and a 2.01-percent gain for the year-to-date returns. Enditem