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Weekly Market Snapshot: Fed Hikes, Oil Above $100 and the TSX Finally Snaps Its Losing Streak (Sept. 15–19, 2026)

  September 19, 2026 It was the week everyone was waiting for. The Federal Reserve raised interest rates for the first time in three years — and almost immediately, markets started debating whether there's more to come. Meanwhile, oil pulled back from the week's highs but stayed well above $100 a barrel, and the TSX managed its first weekly gain after four straight weeks in the red. Here's everything that moved markets — and what it means for your wallet. 🍁 Canada — TSX Index Friday Close Week Change S&P/TSX Composite 35,806.65 +0.3% After four straight weeks in negative territory, the TSX finally caught a break — though "break" is generous. The index eked out a 0.3% weekly gain while closing Friday down 69.58 points (-0.2%), as rising bond yields and lingering energy-sector pressures kept the mood cautious on Bay Street. Financials were mixed: RBC edged slightly lower, TD rose 0.6%, but Fairfax Financial slid 2.6%. Gold miners pulled back after rallying shar...
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Yemen’s Houthi Rebels Shoot Down US Reaper Drone: Aerial Clash Escalates Tensions

 

Yemen’s Houthi rebels have claimed responsibility for shooting down another of the U.S. military’s MQ-9 Reaper drones. The rebels released footage showing wreckage that corresponds to known pieces of the unmanned aircraft. According to the Houthis, they used a surface-to-air missile to down the Predator drone over their stronghold in the country’s Saada province. The video includes close-ups of parts with the logo of General Atomics, the manufacturer of the drone, and serial numbers matching known components made by the company.

This incident is part of a renewed series of assaults by the Houthis following a relative lull in their pressure campaign over the Israel-Hamas war in the Gaza Strip. While U.S. officials have not immediately commented on the Houthi footage, CBS News previously reported an anonymous U.S. military official acknowledging a drone crash in Yemen.

The MQ-9 Reaper drone, which costs around $30 million each, can fly at altitudes up to 50,000 feet and has an endurance of up to 24 hours before needing to land. Since the Houthis seized Yemen’s north and its capital of Sanaa in 2014, the U.S. military has lost at least five drones to the rebels, including this recent shootdown. The ongoing conflict in Yemen continues to escalate tensions in the region, with the Houthis also launching attacks on shipping in the Red Sea and Gulf of Aden, demanding an end to the war in Gaza.

As the situation unfolds, both sides remain on high alert, and the international community closely monitors developments in this volatile region. The downing of the U.S. Reaper drone adds another layer of complexity to an already fraught conflict landscape.

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