Four days of losses have some wondering whether the stock market's rally is down for the count. Despite an overall rise in durable goods orders, most of the gains were due to the volatile transportation sector. Slowing trends in computers and industrial machinery were troublesome to stocks, sending the market lower in the opening minutes of trading. But don't count stocks out just yet, as the benchmarks staged a bounce-back rally to send the Dow Jones Industrials
As you might expect on a Friday in summer, old patterns continued to repeat themselves. Leading the losers were JPMorgan Chase
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.