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Down close to 5% this week with the nasdaq down 10 today and the s&p 500 down five. some cities and states making it easier to keep and bear arms after this week's historic supreme court ruling but the city in the middle of the legal battle defying the high court. we're live in chicago with the top story at the bottom of the hour and just in time for the fourth of july. >> it's the closest you can come to drinking like it's 1799. >> now, you can sample whiskey made by one of america's founding fathers. a shot of history next. announcer: naturals from purina cat chow. delicious, real ingredient...

It's the bottom of the hour. time for the top of the news. state and local governments are moving to loosen their laws on gun control after the supreme court ruled this week that the second amendment's protection of the right to bear arms applies to them as well. but in the city at the heart of this week's supreme court ruling, chicago. the city council is moving in the opposite direction passing what it claims is the strictest handgun ordinance in the u.s. mike tobin on the top story at the bottom of the hour live in chicago. mike, did chicago just go against the supreme court ruling? >> the ...

Handguns than there is benefit. >> both the n.r.a. and the second amendment coalition say they intend to challenge chicago's ruling. jon? >> mike tobin live tonight. thanks, mike. fox news wildfire alert now. firefighters battling two separate blazes just outside of las vegas. they broke out yesterday. one in mount charleston and the other in a town about 50 miles north and east of vegas. we're told that one destroyed more than a dozen buildings as it swept across 100 acres of land. officials say a spark from a wood chipper started it. and another major wildfire some 80 miles to the west in mo...

It restricts gun owners to have only one gun in the house ready to be fired. the rest need to be broken down or fitted with trigger locks. they're only legal in the residence, not on the porch. the yard or even the garage. the n.r.a. says they put so many hoops, so many restrictions in the path to lawful gun ownership it discourages the practice, jon. >> why is this chicago's fight? >> mostly because they have so many problems with gun violence out here. so far this year, 200 people have -- 209 people have been killed in shootings. particularly in the badlands around the south side. on top of ...