Why Apple stock got bit on Monday

Stock markets continued to slide as in Monday trading, with the S&P 500 and the tech-heavy Nasdaq falling. Shares of tech leader Apple didn’t escape the selling.Rich Smith for The Motley Fool:Why are investors worrying? Rising interest rates are one factor. The yield on 10-year Treasury notes hit 3.185% this morning, the highest level in more than three years. The Federal Reserve is raising rates in hopes of reining in inflation, but higher interest rates make it more expensive to buy