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.

National Bureau of Statistics: Jan–Aug sales area of newly built commercial housing 498.8 mln sqm, down 12.1% YoY; residential sales area down 13.0% YoY. Sales value of newly built commercial housing 4.747 trillion yuan, down 13.0% YoY; residential sales value down 13.1% YoY. Ministry of Housing and Urban‑Rural Development: Jan–Aug second‑hand housing online signed transaction area 549.2 mln sqm, up 10.6% YoY.

Vitol paid $75m to a trader convicted of corruption.