From Nasdaq:

The Supreme Court holds immense power over the stock market, with its conservative rulings shaping business regulation. A recent debate over a hedge fund manager’s securities fraud case could limit the SEC’s authority, creating a potential free-for-all on trading floors. Additionally, the court’s decision to limit the EPA’s carbon emissions regulation has boosted the U.S. coal industry, with companies like Ramaco Resources Inc. seeing significant growth. However, the court’s refusal to hear a case preventing lawsuits against oil companies for climate change contributions has also bolstered the industry, with Shell’s stock prices increasing by 57% in 2023. In the financial services sector, the Supreme Court’s ruling against the Federal Trade Commission’s attempt to hold predatory payday loan companies accountable has benefitted the industry. World Acceptance Corp. saw its stock soar following the ruling, signaling confidence in the security of such businesses. These decisions carry significant implications for investors, highlighting the importance of closely monitoring the court’s impact on their portfolios. The Supreme Court’s upcoming decisions, such as hearing arguments challenging the power of the Consumer Financial Protection Bureau, will also be crucial for investors to watch.



Read more: How the Supreme Court’s Decisions Could Impact Investors