Five of the largest foreign stocks in the US have already risen more than 10% this year

A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City.

Noam Galai | Getty Images

The most important US stock indices have continued to develop higher even as new concerns among investors about rising bond yields arouse greater market volatility.

The Nasdaq Composite has been the biggest winner among the trio of major US indices and climbed 2.4% in the first two months of 2021. S&P 500 increased by 1.5% during the same period while Dow Jones Industrial Average emptied 1.1%.

Such performances came in handy from some of the largest non-US companies listed on the New York Stock Exchange and Nasdaq.

Among the ten largest foreign stocks traded on Wall Street, the top five players so far this year recorded double-digit gains in their stock prices and outperformed all three major US stock indices.