U.S. stocks open marginally higher as investors eye debt-ceiling talks

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,
+0.23%
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,
-0.11%
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.