COMMENTARY
      A dreary week in the world financial markets. U.S. stocks were generally 
      lackluster, as both stocks and bonds continued to meander aimlessly. Small- and 
      midsize-company stocks were off 0.7%. Bonds were also undistinguished 
      performers, with both long- and short-term interest rates edging upward. 
      Inflation expectations continued to dog the markets, with traders discouraged 
      on July 27 by word of a greater-than-expected rise in durable-goods orders 
      during June.
      
      
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