Happening Now — September 11, 2026: 9/11 Anniversary, Yemen Port Seized, US-Canada Trade

Overview

Happening right now, Friday September 11th. The nation is marking the 25th anniversary of the 9/11 attacks with ceremonies across the country. On the tape, it's a mixed session. The S&P 500 is currently trading at 7,672.62, up over one percent. The Dow Jones is also up about one percent at 52,625.71. However, the NASDA

In this show

• Happening right now, Friday September 11th. The nation is marking the 25th anniversary of the 9/11 attacks with ceremonies across the country. On the tape, it's a mixed session. The S&P 500 is currently trading at 7,672.62, up over one percent. The Dow Jones is also up about one percent at 52,625.71. However, the NASDAQ Composite is in the red, down about sixty-five basis points. In the bond market, the US 10-yr UST yield is at 4.94%. Volatility is elevated, with the VIX trading at 17.35. We're covering all angles with our Markets Analyst and our World Correspondent.
• Across the wires this hour, several major stories are developing. Geopolitical tensions are rising as Houthi rebels reportedly seize a strategic port in Yemen, threatening key trade routes. On the economic front, the United States is escalating a trade dispute with Canada, imposing a new ban on dairy, alcohol, and motorcycle imports. And new inflation data is fueling speculation about the Federal Reserve's next move after the August Consumer Price Index report came in hot. We're also tracking a temporary ceasefire between Pakistan and Afghanistan, offering a brief respite from the conflict.
• Today marks a solemn day across the United States, as the nation commemorates the 25th anniversary of the September 11th terrorist attacks. In New York City, families of the victims are gathered at the 9/11 Memorial for the traditional reading of the names of those who were lost. At the Pentagon, President Trump is attending a ceremony where an American flag was unfurled at sunrise, honoring the lives lost at that site. The events serve as a powerful reminder of the attacks that reshaped the nation and its foreign policy, with commemorations planned throughout the day.
• The latest inflation report is putting the Federal Reserve back in the spotlight. The August Consumer Price Index, or CPI, showed a 0.4% increase month-over-month, which was in line with expectations. However, the core CPI, which strips out volatile food and energy costs, rose by 0.3%. That was slightly hotter than the 0.2% consensus forecast. This persistent underlying inflation has increased market expectations for another potential interest rate hike from the Fed at their next meeting, as the central bank continues its fight to bring inflation back to its target range.
• In the Middle East, a significant escalation is underway in Yemen. Houthi rebels have reportedly seized control of a strategic port, raising immediate concerns about the stability of vital shipping and trade routes in the region. The full extent of the takeover is still being assessed, but the move could have major implications for global commerce. This action follows a recent intensification of the conflict, which included dozens of airstrikes conducted by Saudi-backed forces across four different provinces. The situation remains highly volatile as international observers monitor the potential for wider disruption.
• A trade dispute between the United States and Canada is intensifying. The U.S. has just announced new restrictions, banning the import of Canadian dairy products, most alcohol, and motorcycles. This represents a significant escalation in a series of tit-for-tat tariffs and trade barriers that have strained relations between the two neighbors. The full economic fallout is still unknown, but Canadian producers in the targeted sectors are bracing for impact. Meanwhile, American consumers could soon see higher prices or fewer choices for these goods. The move signals a hardening stance in North American trade policy.
• There is a glimmer of hope in the conflict between Pakistan and Afghanistan. Officials have announced a temporary pause in fighting between the two nations. This ceasefire agreement comes just two days after a deadly strike in Kabul that further inflamed tensions. While the specific duration and terms of the truce are still being formalized, the development provides a much-needed, if brief, respite for civilians caught in the crossfire. Diplomatic channels are now focused on trying to extend this pause into a more durable peace agreement, though significant obstacles remain.
• Crude oil prices are pulling back sharply today on shifting geopolitical winds. WTI crude futures have dropped over 2%, falling to around $100 a barrel after hitting a high of $104.46 earlier. This retreat is being attributed to emerging diplomatic signals between the United States and Iran. The potential for de-escalation in the conflict is easing market fears of a major disruption to energy exports from the Middle East. Traders are now watching closely to see if these diplomatic overtures materialize into concrete actions that could bring more stability to oil prices.
• A major development in the use of artificial intelligence in Hollywood has been announced. A new film will feature a posthumous appearance by the late actor Val Kilmer, created entirely using AI. The technology will render a photorealistic likeness of the actor and recreate his iconic voice, marking a new frontier in digital filmmaking. While details about the film's plot and its release date remain under wraps, the news is already sparking a broad debate about the ethics and creative possibilities of using AI to resurrect performers for the silver screen. This could set a major precedent for the industry.
• The world of professional golf is getting richer. Augusta National has just announced a significant prize money increase for this year's Masters tournament. The total purse is being boosted by one million dollars, bringing it to a new total of $21 million. The champion who earns the coveted green jacket will now also take home a check for $4.2 million. This move reflects the robust financial health and growing commercial power of major global sporting events, and it continues the trend of escalating prize money across the top tiers of professional sports.
• An unusual story is gaining traction at the intersection of journalism and technology. A nurse who became an investigative journalist has reportedly uncovered a significant scheme involving data centers. Using her independent newsletter, she brought the issue to public attention after making a single, pivotal records request. While the full details of the alleged scheme are still coming to light, the story is highlighting the increasing power of independent creators and journalists to break major stories outside of traditional media structures, leveraging new platforms to fund and distribute their work.
• ACV Auctions is today's standout performer, surging over 44 percent to trade near ten-fifty. The massive move comes after salvage auction giant Copart announced it will acquire the digital marketplace for $10.50 per share in an all-cash deal valued at approximately $1.9 billion. This acquisition injects a significant premium and validates the company's digital platform in the wholesale vehicle market, marking a major strategic consolidation in the automotive auction industry.
• Oracle is trading sharply higher, up about 7 percent, after a blockbuster earnings report. The tech giant's results and forecast both sailed past expectations, driven by a stunning 121 percent surge in its cloud infrastructure revenue. This highlights massive demand for its AI capabilities, with the company reporting over $30 billion in new AI cloud contracts. The strong performance signals Oracle is successfully capturing a significant share of the booming AI market.
• Adobe is slipping today, down around 3 percent, despite reporting fiscal Q3 results that beat Wall Street estimates. The pressure on the stock comes from its Q4 revenue forecast, which at the midpoint came in slightly below the consensus. This guidance has revived some investor concerns about the potential for increased competition from new AI-powered rivals in the creative software space, overshadowing an otherwise solid quarter.
• As we head into the afternoon session, all eyes will be on political developments out of Dallas, Texas. The Republican party is holding a two-day midterm convention there, which is being billed as a 'Trump-a-Palooza'. A full slate of speeches and events is scheduled for this evening, with former President Donald Trump expected to make further remarks. We'll be watching for any headlines that could provide new insights into the party's strategy heading into the critical November midterm elections. That's all for now. Stay with us, we'll be back this afternoon with the latest.