Stock Market Today: Stocks Waver Ahead of Biden, McCarthy Debt Ceiling Talks

The major indexes made modest moves today as investors kept a cautious eye on debt ceiling discussions.

closeup of stock market chart with green and red moving averages
(Image credit: Getty Images)

The major benchmarks failed to make big moves Monday as investors looked ahead to several potentially market-moving events this week. 

Most notably is the outcome of tonight's meeting between President Joe Biden and House Speaker Kevin McCarthy, who are desperately trying to negotiate the debt ceiling by the end of this month. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.