Four adults, including a gunman who allegedly held four people hostage, died Saturday a in suburban townhouse in Aurora Colo. One person escaped the townhouse unharmed. Police have yet to release details, such as the gunman's name or motivation.
Gun company stocks Sturm, Ruger & Co. and Smith & Wesson Holding Corp fall for the third straight day. Private-equity firm Cerberus Capital Management says it will sell Freedom Group Inc., which makes the rifle used in the Sandy Hook massacre.
President Obama spoke at a service Sunday evening in Newtown, Conn. He noted that it was the fourth time as president he's had to comfort victims of mass shootings. He promised to use 'whatever power this office holds' to prevent another tragedy of this kind.