U.S.-listed Chinese firms trade mostly higher

APD NEWS

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U.S.-listed Chinese companies traded mostly higher on Friday with six of the top 10 stocks by weight in the SP U.S. Listed China 50 index ending the day on an upbeat note.

Shares of ZTO Express and JD.com rose 2.24 percent and 2 percent, respectively, leading the advancers in the top 10 stocks in the index.

TAL Education Group and New Oriental Education Technology Group slid 3.76 percent and 3.55 percent, respectively, leading the decliners in the top 10 stocks.

U.S. stocks finished Friday's session higher as Wall Street digested a slew of economic data.

The Dow Jones Industrial Average was up 50.46 points, or 0.17 percent, to close at 29,348.10. The SP 500 rose 12.81 points, or 0.39 percent, to 3,329.62. The Nasdaq Composite Index increased 31.81 points, or 0.34 percent, to 9,388.94.

The Cboe Volatility Index, widely considered the best fear gauge in the stock market, fell 1.79 percent to 12.10 on Friday.

As of Thursday, the SP U.S. Listed China 50 index stood at 3,429.36, marking an 8.28-percent increase for the month-to-date returns and an 8.28-percent gain for the year-to-date returns.