U.S. Supreme Court Rules In Favor Of Challengers To Race-Conscious Student Admissions At Universities
Portfolio Pulse from Happy Mohamed
The U.S. Supreme Court has ruled in favor of challengers to race-conscious student admissions at universities. This decision could potentially impact the diversity of student bodies at universities across the country.
June 29, 2023 | 2:04 pm
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NEUTRAL IMPACT
The Supreme Court's decision may indirectly affect the SPY ETF. As the decision could impact universities, it may lead to changes in the education sector, which is part of the broader market that SPY tracks.
The Supreme Court's decision could lead to changes in the education sector, which is part of the broader market that SPY tracks. However, the direct impact on SPY is likely to be minimal as it is a diversified ETF tracking the S&P 500, and the education sector is just one of many sectors it covers.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 20