US Stocks Mixed; Economy Grows By 2.8% In Q3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2024
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Source: Benzinga
U.S. Stock Market Performance: U.S. stocks showed mixed results, with the Dow up slightly while the Nasdaq and S&P 500 fell. Notable movements included a significant rise in shares of Top KingWin Ltd and HWH International Inc., while Primega Group Holdings Limited experienced a sharp decline.
Economic Indicators: The U.S. economy grew at an annualized rate of 2.8% in Q3, unchanged from previous estimates, and initial jobless claims remained steady at 213,000. Additionally, the goods trade deficit decreased to $99.1 billion in October.
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About HAO
Haoxi Health Technology Ltd is a China-based holding company principally engaged in the provision of online marketing solutions for customers. The Company's main business is the provision of one-stop advertising marketing solutions like online short video advertisements through its media partners, including planning, production, placement, and optimization of online advertisements. The co-operative media partners of the Company include media platforms (such as Toutiao and Tiktok) and authorized third-party agent media. The Company principally provides its advertising services to companies and customers in the healthcare field. The Company principally conducts its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
