Wall Street Opens Flat Amid Debt Limit Talks; Micron Slides

Wall Street Opens Flat Amid Debt Limit Talks; Micron Slides
A Wall Street sign is pictured outside the New York Stock Exchange in New York on Oct. 28, 2013. (Carlo Allegri/Reuters)
Reuters
5/22/2023
Updated:
5/22/2023

Wall Street’s main indexes opened flat on Monday as markets awaited updates on lawmakers’ talks about raising the U.S. debt ceiling, while shares of Micron fell following China’s ban on its memory chips.

The Dow Jones Industrial Average fell 18.09 points, or 0.05 percent, at the open to 33,408.54. The S&P 500 opened lower by 1.20 points, or 0.03 percent, at 4,190.78, while the Nasdaq Composite gained 6.54 points, or 0.05 percent, to 12,664.44 at the opening bell.