Stock market quest to stand firm comes apart

Under pressure: Pedestrians walk past the New York Stock Exchange. Major indices finally gave up weekly gains and slipped resoundingly into the red last Friday. — Bloomberg

NEW YORK: The pain tolerance of stock bulls may be formidable, but it isn’t endless.

That became apparent Friday, when after standing firm against a week’s worth of steadily worsening news, major indexes finally gave up weekly gains and slipped resoundingly into the red.