Muted Stock-Market Moves Show Investor Caution

By Anonymous

S&P 500 logs its 53rd consecutive trading day without a move of 1% or more

Moves by major U.S. stock indexes have been subdued recently, a signal that investors are waiting for new catalysts before making big changes to their portfolios.

The S&P 500 has gone 53 trading days without a move of 1% in either direction, the longest such streak since January and just the fifth time the benchmark index has moved less than 1% on 50 consecutive sessions in the past five years, according to Dow Jones Market Data.