US stocks: Dow falls, Nasdaq rises as debt ceiling talks loom

US stocks ended mixed on Monday ahead of negotiations to avoid a US debt default. President Biden returned to Washington over the weekend ahead of the June 1 deadline for Congress to approve more borrowing. The Dow Jones lost 0.4%, the S&P 500 was flat, and the Nasdaq Composite gained 0.5%.

May 23, 2023 - 08:30
US stocks: Dow falls, Nasdaq rises as debt ceiling talks loom
US stocks ended mixed on Monday ahead of negotiations to avoid a US debt default. President Biden returned to Washington over the weekend ahead of the June 1 deadline for Congress to approve more borrowing. The Dow Jones lost 0.4%, the S&P 500 was flat, and the Nasdaq Composite gained 0.5%.