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.
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