The Washington Post - USA (2022-05-28)

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A16 EZ RE THEWASHINGTONPOST.SATURDAY,MAY 28 , 2022


THEMARKETS

6 Monitoryourinvestmentsat washingtonpost.com/markets Dataandgraphicsby


EExxcchhaannggee--TTrraaddeedd
((TTiiicckkeerr)) 55 DD%%CChhgg
$$ 778800 $$ 22776699


Coffee(COFF.L) 5.
Copper(COPA.L) 0.
Corn (CORN.L) 0.
Cotton(COTN.L) -1.
CrudeOil (CRUD.L) 4.
Gasoline(UGAS.L) 2.
Gold (BULL.L) 0.
NaturalGas (NGAS.L) 5.
Silver(SLVR.L) 1.


Data and graphicsby:


New Car Loan Natl
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      BRAZILIBOVESPAINDEX 111941.68 3.
      S&P/TSXCOMPOSITEINDEX 20748.58 2.
      S&P/BMVIPC 52463.55 1.




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    • 5599 %% CChhgg%% 1 YYr ++ 5599 %%




MultilineRetail 1166 .. 00
Automobiles 133 .. 66
EnergyEquipment&Svcs 1133 .. 55
ConsumerFinance 100 .. 55
Food &StaplesRetailing 1100 .. 11
HealthCare Technology 00 .. 88
HealthCare Eqp &Suppl 22 .. 33
Biotechnology 22 .. 33
WaterUtilities 22 .. 66
LeisureEquipment&Prod 22 .. 88

$1000investedover 1Month


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Bank Prime
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S&P/ASX200 INDEX 7182.71 0.
CSI 300 INDEX 4001.30 -1.
HANGSENGINDEX 20697.36 -0.
NIKKEI 225 26781.68 0.

INTERNATIONALSTOCKMARKETS


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1-Yr ARM
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Note: Bank primeis from 10 majorbanks.FederalFundsrate is the market
rate, whichcan vary from the federaltargetrate. LIBORis the London
InterbankOfferedRate. Consumerrates are from Bankrate.All figuresas of
4:30 p.m. New York time.

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4, 115588 .. 2244


Britain£
00 .. 7799

COMMODITIES


30-Yr Fixed mtge
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11 .. 221

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HomeEquityLoan Natl
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1 .. 2277

GGaaiiinneerrssaannddLLoosseerrssffrroommtthheeSS&&PP 11550000 IInnddeexx
CCoommppaannyy CClloossee

55 DD%%
CChhgg
Amer'sCar-Mart/TX112.38 43.
GameStopCorp 137.21 43.
PhotronicsInc 21.17 39.
Red RobinGrmt Brgrs 10.77 35.
LaredoPetroleumInc 84.95 35.
SM EnergyCo 49.72 32.
SouthwesternEnergyCo 9.32 31.
Macy'sInc 23.44 29.
DollarTree Inc 165.00 29.
RangeResourcesCorp 36.17 28.
CaleresInc 29.63 26.
NaborsIndustries 167.58 25.
NordstromInc 26.56 25.
Patterson-UTIEnergy 19.81 25.
UnitedTherapeutics 235.83 25.
RangerOil Corp 42.81 24.
Ulta BeautyInc 425.08 23.
SelectquoteInc 3.07 23.
MurphyOil Corp 43.48 23.
MonroInc 47.74 23.

CCoommppaannyy CClloossee


55 DD%%
CChhgg
OraSureTechnologies 4.35 -20.
Abercrombi&Ftch Co 22.55 -19.
RayonierAdv Matrl 4.07 -11.
LoyaltyVenturesInc 10.40 -10.
DexcomInc 289.08-10.
CoherusBiosciences 7.54 -9.
NektarTherapeutics 3.54 -8.
KyndrylHoldingsInc 12.63 -8.
ComtyHealthSystems 5.30 -8.
iTeos Therapeutics 17.09 -8.
AmedisysInc 117.53 -7.
8x8 Inc 7.45 -6.
Jack in the Box Inc 67.04 -5.
EnantaPharma 39.47 -5.
ArrowheadPharma 34.20 -5.
CuteraInc 48.20 -5.
Cara Therapeutics 8.24 -5.
InnovivaInc 15.46 -5.
EmbectaCorp 26.34 -5.
EnvestnetInc 67.09 -4.

BrazilR$
44 .. 7744

55 DD%%CChhaannggee
66 .. 66 %%

CClloossee


3333 ,, 221122 .. 9966


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    • 88 .. 66 %%




Fuuttuureess CClloossee 55 DD%%CChhgg
Copper 4.31 0.
CrudeOil 115.07 1.
Gold 1857.30 0.
NaturalGas 8.73 8.
OrangeJuice 1.83 6.


FFuuttuureess CClloossee 55 DD%%CChhgg
Silver 22.10 1.
Sugar 19.61 -1.
Soybean 17.32 1.
Wheat 11.58 -1.
Corn 7.77 -0.

DoowwJJoonneess 3300 IInndduussttriaallss


CCoommppaannyy CClloossee^55 DDCChh%%gg CChhYYYggTTT%%DD


3M Co 149.51 3.9 -15.
AmerExpCo 169.60 10.7 3.
AmgenInc 255.26 3.1 13.
AppleInc 149.64 8.8 -16.
Boeing 132.23 9.6 -34.
Caterpillr 217.14 9.8 4.
Chevron 178.28 6.2 51.
Cisco Sys 45.62 6.2 -28.
Coca-Cola 64.68 6.1 9.
Dow Inc 69.06 1.4 21.
GldmanSchs 328.58 7.1 -14.
HnywllInt 196.35 3.5 -6.
HomeDepot 308.46 7.4 -25.
IBM 139.27 8.4 4.
Intel Corp 44.55 7.0 -13.


CCoommppaannyy CClloossee^55 DDCChh%%ggCChhYYYggTTT%%DD


J&J 181.09 2.3 5.
JPMorgan 131.27 11.9 -17.
McDonald's 251.87 7.7 -6.
Merck&Co93.08 -0.5 21.
Microsoft 273.24 8.2 -18.
NIKE Inc 115.99 7.4 -30.
Prcter&Gmbl 148.72 4.9 -9.
Salesforce 165.10 3.4 -35.
Travelers Cos I177.83 5.7 13.
UntdHlthGr 507.11 4.4 0.
VerznComm 51.40 3.8 -1.
Visa Inc 212.88 7.0 -1.
Walgreens 43.71 6.7 -16.
Walmart 128.48 7.8 -11.
Walt Disney 109.32 6.7 -29.

EEuurrooppee -- 99 %% ++ 99 %%
STXE 600 (EUR)Pr 443.93 3.
CAC 40 INDEX 6515.75 3.
DAX INDEX 14462.19 3.
FTSE 100 INDEX 7585.46 2.

BYSTEVENZEITCHIK


Theshooting at RobbElemen-
taryinUvalde, Tex., has ramped
up the debate aroundgunvio-
lenceto its usualpartisanlevels,
setting Democratsand Republi-
canson familiarsidesof the gun
legislation divide.
Yetwhatifthe solutionisn’t
legislative but technological—by
makingsurethe person had the
rightto fire thatgun? It wouldn’t
have preventedUvalde, wherethe
18-year-oldshooterboughtfire-
armslegally.Itcould,however,
stop aschoolshootingwhere an
underagepersonillegallygained
accesstoaweapon.And by limit-
ing teenaccess to guns,it could
slow ahugewaveofsuicides.
So argueagroup of entrepre-
neurswhosaythatthe techhas
finallyadvancedfar enough —
and thatthe threathas reached
sufficientlyhighlevels —tomake
smart-guntech ano-brainer.
“Wefeel the timeis rightfor
smartguns. There’s amarket for
it, and there’s agreatneed for it,”
said Gareth Glaser,co-founderof
LodeStar Works, aPennsylvania-
basedgunmanufacturerthatuses
fingerprintsoraphone appto
grant access to a9-millimeter
handgun it has beendeveloping.
But it is unclearwhetherthe
smart-guneffortscangetpastgun
groups, whichin the pasthave
mobilizedquicklyinoppositionto
them.Andthe technologyisnot
yetproven—smart-gunpropo-
nents have historically offered
more promisesthanproofs.
Theneed appearstobestrong.
Manyhigh-profilemassshootings
involve legally ownedfirearms.
But scoresof otherpeoplehave
died at the handsof someone who
did not have the rightto fire the
weapon. Theshooter in the Ox-
ford High School shooting in
MichiganlastNovemberwas 15
and usingagun boughtby his
father.Unintentional shootings
by childrenresulted in morethan
100 deaths in both2020and 2021.
Smart-gun technology, also
known as “personalized guns,”
couldalso prevent fatalitiesin the
case of stolengunsin prisonand
othersettings,advocates say. And
teensuicideoften involvesagun
belongingtoanadultthathasbeen
foundby an underagepersonin
the home. Overall,there were
24,292 gun-related suicides in
2020,moreeven thanthe 19,
murders,accordingto the Centers
for DiseaseControland Preven-
tion.
“Thebottomlineisthatthegun
industryshouldbe innovating to
maketheir products safer,not
more deadly,” said Nick Suplina,
seniorvice president of lawand
policyatthe gun-control group
Everytownfor Gun Safety.


Smart-guntechnologyusesbio-
metricdatasuchasfingerprints—
and radio-frequencyidentifica-
tion(RFID)transmittedbyringor
wristband—tounlock agun for
itslegalowner.Afteryearsofengi-
neering delays and politicalresis-
tance,smartguns nowappearat
leasttobenearingthe market.
LodeStar,underthe radar until
this year,now expects to have a
product on themarket sometime
next year,probablyearlyin the
year,Glasersaid. TheColorado
company Biofirehas alsobeen
generating headlinesrecently,an-
nouncing earlierthis monththat
it has raised $17million in seed
funding fromunidentified inves-
tors who it said had backed
Googleand Airbnb.Itsflagship
productisalsoa9mmfingerprint-
enabledhandgun.
And aKansascompany, Smart-
Gunz,has beendevelopingasimi-
larproductthatruns on RFID.
Thecompanywas co-founded by
TomHolland,aDemocratic state
senator,and beganofferingpre-
salesto lawenforcementlastyear.
It will shipin July,Hollandsaid,
withconsumersaleshappening
probably in AugustorSeptember.
“Ourmissionistosavelives.I
can’t tell you howmanytimesI
pick up the paperwhereIlive in
northeast Kansasand see alittle
kid shootinghimselfor another

childbecausean adultleft aload-
ed handgun,”Holland said.He
said thathe“totallysupports Sec-
ond Amendmentrights” and that
this is “justanoption—wedon’t
intenditfor everybody.”
Firearmsarebecomingabigger
causeof death for youngAmeri-
cans.In the past20years,the
numberoffirearms-related
deaths for peopleyounger than 25
has gone from7for every100,00 0
people to 10, accordingto re-
search from theCDC and the New
England Journalof Medicine.In
2017,firearmsbecame the leading
causeof injury-related death for
young people,surpassing even
motorvehicle accidents.
“The statistics are shocking,”
said Kai Kloepfer,founderof Bio-
fire. Ateenager at the timeof the
massshootingat anAurora,Colo.,
movie theater adecade ago,
Kloepferdroppedout of MIT sev-
eral yearsagotofocus full timeon
the company.“Andwedon’t be-
lieve this has to be the case.”
Theargumentis thatpersonally
identifyingtechnology is already
acceptedbymostpeopleforfarless
violenttools,fromathumbprintto
unlockaphone to an RFIDsystem
for akeyless car start. Glasersaid
hebelievesLodeStarcouldprevent
“a majorityofschoolshootings,
sincetheyare mostoften commit-
ted by underageteenagers witha

gun foundin the home.”
AMorning Consult poll in
March foundthat43percentof
adultswould be interested in us-
ing asmartgun, anumberjust
belowthe 46 percentwhosaid
theywantedtouse atraditional
firearm.
Still,smart-gun tech is not yet
proven in real-world circum-
stances.Agun’s heatand pressure
can complicate biometric read-
ings,andsignalssenttoaseparate
PIN-based app or ring are suscep-
tible to potentialinterference and
hacking.Atits heartisaslippery
engineering challenge—how to
makeunlockingas seamless as
possible to its authorizeduser but
as difficult as possiblefor every-
oneelse.
To preventkillingsonamean-
ingfulscale,smartguns would
also needto reachhighlevels of
market penetration. And costs re-
mainhigh—theSmartGunzprod-
uct, for instance, is listed between
$1,800and $2,000.
And not all gun-control groups
are on board;someworryabout
unintended consequences. “Ex-
panding themarket to include
smartguns will onlymeanmore
gunsin homes,”said DanielWeb-
ster,co-director of the Johns Hop-
kins Centerfor GunViolenceSo-
lutions, citingresearch thegroup
has conducted. “More gunsin

homesmeans alot more deaths.”
But the tallesthurdle maybe
political. More than20 yearsago,
gun-manufacturinggiantSmith
&Wessonsaiditagreedwith alist
of governmentregulationslaid
outbytheClintonadministration,
includingthe pursuitof smart-
gun tech.It soonfacedaNational
RifleAssociation-led boycottthat
sent salesplummeting and nearly
destroyed the company.
Dru Stevenson,aprofessorof
lawatSouthTexas CollegeofLaw
Houston whohas studiedthe is-
sue, says thathebelieves smart
gunscan save “tens of thousands
of lives.”But it needsto be em-
bracedby politicians —who can
pressure lawenforcement to
switch—before consumeradop-
tion is likely.AnObama adminis-
tration pushin 2016 for smart
gunsamongfederal lawenforce-
mentdid not yieldmuchfruit.
Theplan JoeBiden includedin
his campaignplatformwas to “put
Americaon the path to ensuring
that100%offirearmssoldinAmer-
ica are smartguns,”notingthat
“rightnow the NRAand gun man-
ufacturersare bullyingfirearms
dealerswho trytosell theseguns.”
ANew Jerseysmart-gun law
passedin2002—itmandatedgun
retailersin the statecarryonly
smart guns beginningthreeyears
after theyfirstbecamecommer-

ciallyavailable —also facedin-
tensepressurefromthe NRA. In
2019, the lawwas revisedto sim-
ply require thatgun retailerscar-
ry at leastone suchapproved
smartgun60daysafteritisputon
the market.
Thestatecontinuestohelplead
the pushon smart-gunadoption.
Last year,Gov.Phil Murphy(D),
namedsevenexpertsfromvarious
disciplines to the newPersonal-
ized Handgun Authorization
Commissionto explorethe issue.
Glaserand Kloepfersaythat
whiletheyare opento govern-
ment-enhanced incentives for
buyingasmartgun (similar,for
example, to electric vehicles),
they, likeHolland, do not support
mandates. They both saythey
hope to remain politically neutral
on the question of gun laws. The
growthofsmartguns,theysay,
shouldhappenorganically.
“Wewant peopleto buy smart
gunsbecauseit's abetterfirearm,”
Kloepfersaid.
But gun blogshave often been
criticalof the technology—likely,
Stevenson says, out of alonger
termfear of mandates if the tech
catcheson.
TheNRA,whichpublisheda
similar postwhen LodeStarmade
its announcement this winter,
says it couldbeopen to the idea if
mandateswerenotinvolved.“The
NRAdoesn’t opposethe develop-
mentof‘smart’guns,northeabili-
ty of Americansto voluntarily ac-
quirethem,”the group’slobbying
armpreviously saidin astate-
ment. “However,NRA opposes
anylaw prohibiting Americans
fromacquiringor possessing fire-
armsthatdon’t possess ‘smart’
gun technology.”
An NRAspokeswomandid not
replyto arequestfor comment.
Eightyears ago, aMaryland
gun retailerthatwantedto sell a
Germansmartgun even faced
death threats fromsomegun ad-
vocates,forcingittodroptheplan.
Some individual gun-rights
supporters remain unsoldon the
tech.Lawyerand gun rightsadvo-
cate David Kopel saidthathe
thinkssmartguns are “still far too
unreliablefor self-defense. But
the fewconsumers who wantone
should have the choice.”(He said
he believes mandates wouldbe“a
hugeSecondAmendment viola-
tion.”)
Smart-gun entrepreneurssay
theyare baffled by anygood-faith
objectionsto theirproduct.
“I don’t understand whyany-
onewouldn’t want to use any
availabletechnologyhere,”Glaser
said.“You use technologytokeep
you safe everytime you pull out of
yourdriveway. Doesanyonesay
that’snot agood idea anditwould
be better if we all wentbackto
1970?”

Shooting prompts acloser look at smart-gun technology


CALLAGHANO'HARE/REUTERS
Peopleprotest at the NationalRifle Association’s annualconvention in Houston on Friday, just days after19children and twoadults were
killed in ashootingatanelementaryschoolinUvalde,Tex.
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