Xpeng is trading at $10.28, down 4.01%, as U.S. stocks weaken amid rising Treasury yields and oil prices.

  • The 10-year Treasury yield reached 5.02%, its highest level since 2007, while Brent crude remained above $105 amid Saudi supply concerns.
  • Higher rates are pressuring growth and technology shares ahead of the Federal Reserve’s September 16 policy decision.
  • No clear company-specific catalyst was identified for the September 15 decline.