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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 05, 2021
Page
10
Wall Street looks for GameStop to report a smaller loss in the February to April quarter as the online shift continues. Shares have surged over 1,200 percent this year amid a retail trading frenzy. Inflation data due with May CPI expected to rise 4.6 percent.
Wall Street ended a choppy week with broad gains as the S&P 500 rose for a second straight week. Tech stocks led the rally while communication and consumer spending related names added solid advances after a lukewarm jobs report that kept hopes alive for continued Federal Reserve support.
The case against Drake over the 2017 killing of Bryce Holladay was set for spring and summer trials after a proposed no contest plea covering voluntary manslaughter and two aggravated battery charges was rejected. If convicted on the first degree murder count, he faces a life terms beyond 50 years. Drake has prior convictions and also faces a vehicular manslaughter misdemeanor from a 2016 crash near Clinton Lake. Trial date changes and potential sentencing were outlined by court records and local reporting.
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