Upstart is trading at $27.41, down -4.43%, after a broader risk-off move pressured rate-sensitive growth stocks.

  • U.S. indexes opened lower on September 1, 2026; Reuters reported the Nasdaq fell 1.29% at the open amid elevated bond yields, higher oil prices, renewed Middle East tensions, and increased rate-hike expectations.
  • Rising Treasury yields raise borrowing-cost concerns for lending platforms; softer JOLTS and ISM data add economic-growth uncertainty.
  • No fresh company-specific Upstart catalyst was identified.