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,
gained 2 points, or less than 0.1%, to trade at 4,193 shortly after the open. The Nasdaq
COMP,
rose by 5 points, or less than 0.1%, to 12,662. The Dow Jones Industrial Average
DJIA,
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.
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