U.S. stocks opened marginally higher on Monday, with the S&P 500 and Nasdaq Composite hovering just below their highest levels since August, as investors waited to hear more about the fraught debt-ceiling negotiations in Washington. The S&P 500 SPX, +0.08% gained 2 points, or less than 0.1%, to trade at 4,193 shortly after the open. The Nasdaq COMP, +0.55% rose by 5 points, or less than 0.1%, to 12,662. The Dow Jones Industrial Average DJIA, -0.36% was marginally lower at 33,417. President Joe Biden is expected to meet with House Speaker Kevin McCarthy on Monday to continue negotiations over raising the debt limit after staff-level talks restarted Sunday evening.
This article was originally published by Marketwatch.com. Read the original article here.
