 There is a hotter than expected reading for inflation at the wholesale level for June. The producer price index rose two tenths of a percent last month and was up 2.6 percent for the year ending in June. The numbers are all at higher levels than forecast. Citigroup reported an upbeat quarter. It's buying back shares. JPMorgan Chase reported better than expected earnings and revenue. Wells Fargo's profit and revenue fell but held up better than expected.