The Dow just marked its longest streak without a 1% move in either direction in 22 years

The Dow Jones Industrial Average on Monday booked its longest period, 61 sessions, without a 1% swing in about 22 years, according to data from WSJ Market Data Group. The Dow closed up 0.6%, or 135 points, at about 21,994, marking its best daily advance since June 28th. But over a longer stretch, the blue-chip gauge has moved fairly placidly over the past three months, failing to post a gain or loss of at least 1% since May 17, when the gauge declined 1.8%. That’s even after the Dow registered a 1.1% weekly drop last week on the back of heightened geopolitical worries, representing its worst weekly decline since the period ended March 24. At 61 sessions in a row, the Dow has logged the longest such succession of trades without a 1% swing since since the 69 trading days ended Oct. 25, 1995. Meanwhile, the S&P 500 index managed to notch a close of 1% at 2,465, while the Nasdaq Composite Index finished the session 1.4% higher at 6,340.

–Ken Jimenez contributed to this article

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From:: Stock Market News

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