The weapon has come under fire after being used in the recent shootings in Aurora, Colo., and Newtown, Conn.
Gun-rights advocates had threatened to take their business elsewhere, but the state has been swamped with license applications.
It won't review a New York pistol-permit law, dealing a blow to gun-rights advocates. The issue won't be going away, though.
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Since Newtown, more states have loosened regulations than have tightened them.
State lawmakers approved some of the toughest gun control measures in the country, and gun enthusiasts are responding by going shopping.
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The nonprofit Armed Citizen Project is looking to equip residents of high-crime areas with 20-gauge shotguns.
US stocks are set to track global markets up ahead of US service sector data.
The blue chip index had its second-best finish ever on Monday and could break its 2007 record this week. But gains may be limited by Friday's big jobs report.
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TOP STOCKS
The Dow jumps 109 points after rising as many as 191. Oil-price jitters and rising rates trim gains. Those factors and the Fed may weigh on markets Tuesday.
MARKET DISPATCHES
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
FRUGAL COOL
Starting Monday, this site is joining forces with MSN Money Smart Spending. Here's why.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
Children from lower income families are at greater risk of suffering accidental injuries and being sickened by food, according to a Consumer Federation of America study.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
