US stocks enter the fourth week of September with the 10-year Treasury yield at 5%, while the Dow fell more than 1.5% the previous week and oil risks rose after a missile was fired at Riyadh. According to NS3.AI, Ed Yardeni lowered his year-end S&P 500 target to 7,900 from 8,400, warning that the 10-year yield may break above 5%. U.S. President Donald Trump and Chinese President Xi Jinping are due to meet Thursday, with tariffs and rare earths among the issues at stake.

Evernorth has signed a note purchase agreement with NH Investment & Securities to issue 4% convertible preferred PIK notes due 2031. According to Odaily, the transaction is contingent on Evernorth completing its business combination with Armada Acquisition Corp. II, Pathfinder Digital Assets, and Ripple Labs, which is expected in the fourth quarter. The combined entity plans to list on Nasdaq under the ticker XRPN, subject to exchange approval. Evernorth is an XRP treasury company.

US stocks reopen Monday with the 10-year Treasury yield at 5%, the Dow down more than 1.5% last week, and oil risk rising after a missile strike on Riyadh. Four events could drive markets this week: Fed speakers and growth data on Wednesday, and President Donald Trump’s meeting with Chinese President Xi Jinping on Thursday. According to BeInCrypto, Ed Yardeni cut his year-end S&P 500 target to 7,900 from 8,400 as he warned the 10-year yield may break above 5%.

According to Sina Finance, U.S. Central Command said that as of September 20, it had redirected 109 merchant ships to ensure compliance with U.S. regulations related to the maritime blockade on Iran.

Japan's Air Self-Defense Force said part of the wreckage from a missing Global Hawk reconnaissance drone had washed ashore near Tottori Prefecture and was recovered. According to Sina Finance, the debris was about 1.5 meters long and 1.4 meters wide, but the force did not say which component it was. Search operations are still continuing. According to Sina Finance, the drone took off from Misawa Air Base at around 10:20 a.m. local time on the 15th and lost contact at around 1 p.m. over waters near Tottori Prefecture. Before communications were cut off, the aircraft had experienced signal problems. It was not on a training flight, and the Air Self-Defense Force did not disclose its specific purpose. Later that day, the force said it believed the drone had crashed. The Air Self-Defense Force has three Global Hawk drones, all based at Misawa Air Base.

The International Monetary Fund said governments need to do more to narrow budget deficits and rein in global debt, which is at a record high, according to Bloomberg.

Elon Musk said The Boring Company is building a hyperloop tunnel between Austin and San Antonio that will exceed 200 miles per hour. According to ChainCatcher, the route currently can take as long as 2.5 hours, while the tunnel is expected to reduce travel time to under 30 minutes.

Citigroup CEO Jane Fraser said companies are racing to strengthen defenses around artificial-intelligence models, according to Bloomberg. Speaking at the 2026 Qatar Economic Forum, UNGA Special Edition, Fraser said, "when Mythos came out, that was not a good day."

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