Biden Will Deliver Remarks On Supreme Court Blocking Student Loan Relief At 3:30 p.m.
Portfolio Pulse from Benzinga Newsdesk
President Biden is set to deliver remarks on the Supreme Court's decision to block student loan relief at 3:30 p.m. This could potentially impact companies like SLM Corporation, SoFi Technologies, and the SPDR S&P 500 ETF Trust.
June 30, 2023 | 5:28 pm
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NEGATIVE IMPACT
SLM Corporation, a student loan company, could be impacted by the Supreme Court's decision to block student loan relief.
As a student loan company, SLM Corporation's business could be negatively affected by the Supreme Court's decision to block student loan relief. This could lead to a decrease in the company's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SoFi Technologies, a finance company that provides student loan refinancing, could be impacted by the Supreme Court's decision to block student loan relief.
SoFi Technologies' business could be negatively affected by the Supreme Court's decision to block student loan relief, as it provides student loan refinancing. This could lead to a decrease in the company's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF Trust could be indirectly impacted by the Supreme Court's decision to block student loan relief.
The SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index, could be indirectly affected by the Supreme Court's decision to block student loan relief. This decision could negatively impact the overall market, and thus the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50