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Black Week: $3 Trillion Wiped Out in Wall Street's Worst Sell-Off Since 2020

Wall Street experienced its worst week since 2020, with the S&P 500 plummeting 9.1%, the Nasdaq Composite entering bear market territory, and the Dow Jones declining over 2,200 points. 

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Detailed Primer on SPACs

A SPAC – short for a Special Purpose Acquisition Company – is a publicly listed company established for a single purpose: to find a private operating company and merge with it, thereby taking it public. 

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