Kremlin says it believes Russia and the United States can now cooperate economically to achieve mutual benefit.

S&P GLOBAL MARKET INTELLIGENCE's survey showed France manufacturing PMI fell to 50.6 in September from 51.1 in August, marking a second month of expansion but slower growth as new orders declined for a fifth consecutive month. Factory output rose, yet headline consumer prices unexpectedly accelerated to 3.4% this week, keeping inflationary pressure elevated amid energy-market stress and tighter financial conditions. Joe Hayes, S&P GLOBAL MARKET INTELLIGENCE senior chief economist, said the September expansion shows resilience but declining new orders, inventory drawdowns and weak expectations cast doubt on its sustainability.

U.S. Defense Secretary Hegseth said Elon Musk, former House Speaker Newt Gingrich and Anduril founder Palmer Luckey will lead the Pentagon's new autonomous warfare command.