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slash Wall Street.

The Supreme Court issues a major second amendment decision and

invidia is pushing the stock market to new heights but that might not be a good thing

typically you buy the index because you want to diversify your risk you don't want to

just bet on an individual stock, but increasingly you are just

betting on an individual stock. Plus why the famously cool San Francisco is becoming a hot summer destination. It's Friday June 21st. I'm Alex Osala for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

The US Supreme Court has upheld a federal law that forbids domestic abusers from possessing

guns.

The 8-1 decision is the first major test of the

conservative majority's new approach to gun rights, which says laws must be

consistent with rules from America's founding era. Chief Justice John

Roberts's opinion says that while gun laws must be in line

with historical examples it is a mistake to conclude that weapons regulations must

be quote trapped in amber. He says American law has long allowed disarming people who are public safety threats.

And overseas, more than 1,170 people in Saudi Arabia have died amid extreme heat during this year's

haj, which has drawn nearly 2 million Muslim pilgrims.

Fatalities are still being counted and are likely to rise.

It's the highest death toll at the haj since a 2015 stampede killed more than 2,000 people.

...