Iran’s Islamic Revolutionary Guard Corps said on the 16th that its Aerospace Force shot down a US MQ-9 drone in the early hours over Qeshm Island. The statement said this was the 52nd US MQ-9 shot down by the Revolutionary Guard.

On Sept 15 the UN Security Council held an emergency meeting on rising instability in the Bab el‑Mandeb. A UN Assistant Secretary‑General reported that fighting on Yemen’s west coast has escalated in recent days and that tensions in the Bab el‑Mandeb and the Strait of Hormuz remain high. The UN warned further escalation could seriously affect international peace and security, global energy markets, food security and multiple national economies. The UN urged restraint and constructive participation in UN‑led political efforts to resolve the Yemen conflict. The meeting was requested by Bahrain, Denmark, France, Greece, Latvia and the UK.

Wells Fargo cut its S&P 500 year‑end 2026 target to 7,700 from 7,950; upgraded US healthcare to overweight from neutral and downgraded US technology to neutral from overweight.