US: Wall St opens flat amid debt limit talks; Micron slides

WALL Street’s main indexes opened flat on Monday (May 22) as markets awaited updates on lawmakers’ talks about raising the US 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 per cent, at the open to 33,408.54.

The S&P 500 opened lower by 1.20 points, or 0.03 per cent, at 4,190.78, while the Nasdaq Composite gained 6.54 points, or 0.05 per cent, to 12,664.44 at the opening bell. REUTERS