NEW YORK — The stock market is running out of reasons to go higher.

After rocking between gains and losses yesterday, the Dow Jones industrials managed to rise for a seventh straight day, marking another high for the year.

But there was hardly any excitement. The Dow rose just 4 points, while other major indexes gained less than 1 point.

An increasingly cautious mood has gripped the market in recent days, following a period of fervid buying this spring and summer that sent stocks up more than 45 percent since early March. While economic data is showing modest improvement, investors are worried stocks may have overshot the economy's recovery.