Supreme Court Rules Against Affirmative Action; Decision Eliminates Selective Universities' Favored Means For Assembling Diverse Student Body; Opinion Bars Consideration of Race in College Admissions
Portfolio Pulse from Happy Mohamed
The Supreme Court has ruled against affirmative action, barring the consideration of race in college admissions. This decision eliminates selective universities' favored means for assembling a diverse student body.
June 29, 2023 | 2:11 pm
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NEUTRAL IMPACT
The Supreme Court's ruling against affirmative action may indirectly impact the SPY ETF. The decision could affect the diversity of future workforce, potentially influencing companies within the SPY ETF.
The Supreme Court's decision against affirmative action could potentially affect the diversity of the future workforce. This, in turn, could indirectly impact companies within the SPY ETF, as diverse workforces have been linked to improved company performance. However, the impact is indirect and long-term, hence the neutral score.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 20