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Breaking: Gunshots Reported at Stevens Institute of Business and Arts in Downtown St. Louis

Shepard Smith just reported that there’s an active shooting situation on the campus of Stevens Institute of Business and Arts in downtown St. Louis, Missouri.

There are two confirmed shooting injuries. The suspected gunman is reportedly on the 4th floor of a campus building.

Authorities are said to be clearing the building floor by floor.

4:14p ET Update: From -- Police say a gunman walked into a business school in St. Louis Tuesday and shot one of the college's financial advisers, then turned the gun on himself.

The gunman is believed to be a part-time student at the Stevens Institute of Business and Arts, located in the city's downtown area.

3:41p ET Update: Shep reports that police have confirmed that the suspect is in custody.

3:38p ET Update: According to reports, the gunman shot himself

in the chest.

Stay tuned to Fox News Channel for breaking developments.

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