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International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 0.5% to 181.42.

The European index declined 0.1% to 164.92. The Asian index fell 0.9% to 236.76. The Latin American index fell 1.2% to 176.72, while the emerging-markets index dropped 1.3% to 380.12.

WiMi Hologram Cloud Inc., based in China, posted the largest decline, cratering 34% to $1.20, followed by shares of Switzerland's WISeKey International Holding Ltd., which plummeted 25% to $6.57. Shares of China-based Kuke Music Holding Ltd. plunged 19% to 42 cents.

China's CNFinance Holdings Ltd. was the biggest leader during the session, jumping 15% to $1.18, and China-based I-Mab jumped 12% to $1.10. Turbo Energy S.A., which is based in Spain, rounded out the top three leaders on Wednesday, with shares jumping 12% to $2.39.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 08, 2025 16:30 ET (21:30 GMT)

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