The Supreme Court just boosted Trump’s business agenda — and these stock-market sectors. Here’s how to play it.

Charlie Garcia's Street Sense

U.S. Supreme Court ruling supports industry deregulation — and the stock market hasn’t yet priced this in

Last Updated: June 30, 2025 at 7:18 p.m. ET
First Published: June 30, 2025 at 7:50 a.m. ET

Last Friday, while investors focused on earnings reports and Federal Reserve tea leaves, the U.S. Supreme Court quietly handed your portfolio a gift, wrapped in constitutional law.

Here’s what happened: For decades, any federal judge anywhere in the U.S. could block a president’s policies nationwide. For example, a judge in San Francisco could halt oil drilling from Alaska to Texas. A judge in Amarillo could freeze climate rules from Manhattan to Malibu. This broad judicial veto power, called a “nationwide injunction” or “universal injunction,” died a 6-3 death on Friday.