S&P 500 falls into bear market: Here's what that means

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ABC News

Senate group agrees on broad outline of new gun law after Uvalde shooting

A bipartisan group of senators on Sunday announced an agreement had been reached — though in principle only — on new legislation meant to address the country’s ongoing gun violence, including the recent Uvalde, Texas, elementary school shooting. The deal, in the works for weeks, has the support of at least 10 Republicans in the Senate, which is the number needed to avoid a filibuster. Among other things, the agreement would provide funding for mental health (including behavioral health centers) and incentives for the creation of so-called “red flag” laws to remove firearms from people who are a danger to themselves or others; increase money for school safety; and strengthen the federal background check system as it relates to convicted domestic violence abusers or those with restraining orders.