# Markets
When the S&P 500 rises but most stocks fall: the July 6 example
The July 2026 session illustrates the difference between an index’s return and the number of companies participating in its gains.
Justice Sonia Sotomayor apologized on April 15, 2026, for remarks directed at Justice Brett Kavanaugh concerning an immigration-enforcement opinion, according to ABC News reporting. The apology addressed her comments about a colleague. It was not a new Supreme Court ruling or a change to the legal effect of an earlier order. [1]
The April 15 report concerns an apology for public remarks. Read it separately from the immigration-enforcement opinion that prompted the disagreement: the two records address different questions.
Courts change the status of a case through orders and judgments. A justice’s public remarks can illuminate a disagreement but do not independently alter an operative court decision. Readers seeking to understand an immigration-enforcement ruling need the actual order and its procedural context.
The exchange illustrates tension between public discussion of consequential cases and the expectations of collegiality among judges. It does not establish that the justices resolved their substantive disagreement or that the Court adopted a different approach to enforcement.
To understand the legal disagreement, begin with the relevant order and the reasoning offered by the justices. To understand the apology, use the attributed public statement. Keeping those records separate avoids assigning legal consequences to comments about a colleague.
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The July 2026 session illustrates the difference between an index’s return and the number of companies participating in its gains.
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