Stock Market Update
28-Sep-26 09:17 ET
Futures point to lower open amid higher oil and yields
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -27.00. Nasdaq futures vs fair value: -181.00.
The stock market remains on track for a lower open amid some upward pressure on oil prices and Treasury yields this morning.
MongoDB (MDB 310.99, -99.45, -24.2%) is sharply lower in the premarket after announcing that Chirantan "CJ" Desai stepped down as president and CEO, effective immediately and is leaving for a senior role at Meta Platforms (META 745.30, -6.36, -0.9%). The board appointed Dev Ittycheria as interim president and CEO, who previously led MongoDB from 2014 to 2025.
The company reaffirmed Q3 and FY27 guidance issued on Sept. 1 and is scheduled to host an Investor Day on Sept. 29.
