✉news BusinessMarkets first seen 17 h ago, last 7 h ago, peak #14
Stocks Slide Midday as Rising Yields Weigh; MongoDB Tumbles
Original: Stock Market Midday, Sept. 28: Stocks Slide as Yields Rise, MongoDB Tumbles
US stocks were trading lower at midday on Sept. 28 as rising Treasury yields pressured equities, with MongoDB among the biggest decliners after a sharp tumble in its shares. Higher borrowing costs are prompting investors to pull back from risk assets, and technology names are feeling the brunt of the selloff.
Why now: Rising bond yields are reviving worries about borrowing costs and pressuring equity markets.
MongoDBUS TreasuryUS stock market
Rank over time, top of the chart is #1. 3 snapshots from 10 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/255500