POWW - U.S. Supreme Court eyes landmark gun case

The U.S. Supreme Court plans to discuss at the weekly conference today a new gun rights case involving a National Rifle Association-backed challenge to a New York state law on carrying concealed handguns in public. The NRA and two New York residents want the high court to hear an appeal of a lower court ruling that rejected the argument that restricting carrying handguns in public is in violation of Second Amendment rights. If the New York case is accepted, the Supreme Court could be in line to make one of the biggest decisions on local gun laws vs. constitutionality in decades. Conservatives have a 6-3 majority on the Supreme Court, but the justices have voted unanimously on certain cases and across the ideological spectrum on others. A decision on taking up the case could be announced next week. Related stocks: Smith & Wesson ([[SWBI]] +4.4%), Sturm Ruger ([[RGR]] +2.7%), Vista

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U.S. Supreme Court eyes landmark gun case