Inflation Persists above Target

Monday, stocks rose 0.3% in Asia, closed little changed in Europe, and fell slightly in the U.S. on 17B shares traded. The VIX gained 7% to end at 16.25. Precious metals declined about 2%. The Dow closed below its 44,000 benchmark. IBM ended below 240.

Tuesday, stocks in Asia,  in Europe, and in the U.S. on 17B shares traded. The VIX fell 9% to end at 14.73. The Dow and S&P 500 ended above their respective 44,000 and 6400 levels. The CPI for July indicated inflation persists above target.

Wednesday, stocks gained 1.8% in Asia, 0.6% in Europe, and 0.3% in the U.S. on 17B shares traded. Apple closed above 230.

Thursday, stocks rose 0.6%  in Europe but fell 0.6% in Asia and 0.3% in the U.S. on 17B shares traded.

Friday, stocks gained 0.6% in Asia but ended unchanged in Europe and the U.S. on 17B shares traded.

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