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VisitStock performance of $V and $MA relative to S&P 500 by end of 2024?
Both outperform S&P 500 • 33%
Both underperform S&P 500 • 33%
One outperforms, one underperforms • 34%
Stock market performance data from financial market tracking services
US Supreme Court Rules on Debit Card 'Swipe Fees' Case, Revives Challenge to Federal Regulations Impacting $V and $MA
Jul 1, 2024, 02:04 PM
The US Supreme Court has ruled in a case involving debit card 'swipe fees,' reviving a challenge to a Federal Reserve regulation. This decision, stemming from a North Dakota convenience store's legal challenge, could make it easier for businesses to overturn longstanding federal rules. The ruling potentially opens the door for more lawsuits against federal regulations, dealing a significant blow to the authority of federal agencies. The court's decision allows some regulations to be challenged even a decade or more after they were enacted. Companies like $V and $MA are particularly impacted by this ruling.
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S&P 500 gains • 25%
S&P 500 loses • 25%
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NASDAQ loses • 25%
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Outperforms market • 33%
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Outperforms S&P 500 by more than 10% • 25%
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S&P 500 performs best • 25%
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Visa gains market share • 25%
Mastercard gains market share • 25%
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Both lose market share • 25%