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✉news BusinessMarkets first seen 6 h ago, last 58 min ago, peak #14

Stocks Slide as Yields Climb; MongoDB Falls

Original: Stock Market Midday, Sept. 28: Stocks Slide as Yields Rise, MongoDB Tumbles

Markets were lower at midday on Sept. 28 as rising Treasury yields pressured equities. MongoDB shares tumbled, making the database software company one of the day's notable decliners. The broader slide reflects investor concern that higher yields increase borrowing costs and pull money away from stocks, with traders watching rates closely as the session continues.

Why now: Rising Treasury yields are weighing on equities and MongoDB's sharp drop is drawing attention to the day's market moves.

MongoDBUS stock marketTreasury yields

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