Headlines via Reuters

This, via Bloomberg:

  • The U.S. will remain open to refugees and visa holders from seven Muslim-majority countries while the Trump administration fights to reinstate a travel ban in the name of national security.
  • A San Francisco-based appeals court on Thursday spurned the government's request to close the doors after days of public debate over President Donald Trump's attacks on the judicial system and a rush of fearful immigrants.
  • The ruling increases the likelihood that the administration will ask the Supreme Court to step into a case that's the biggest test of Trump's executive power yet.

More:

  • Unanimous 3 - 0 ruling

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This ruling should be a positive input for US markets (like they need any help ... Record close for stocks ), upholding the role of law over badly-framed whims of the executive branch.

more to come