US S&P Global Manufacturing PMI final for September 55.9, prior 57.0.

PENTAGON chief Hegseth announced SpaceX CEO Elon Musk, Anduril founder Palmer Luckey and former House Speaker Newt Gingrich will lead the Meridian project to study future warfare and next-generation military capabilities. The advisory study is framed as an examination of critical areas, weapons and systems for future conflicts rather than a policy-writing body. Final results are expected within 120 days, with both a public version and a classified report to be issued. The assignment is Musk’s first formal advisory role in the Trump administration since last year’s public dispute. SpaceX performs U.S. national-security launches; Anduril supplies electronic-warfare gear, interceptors, rocket engines and unmanned combat systems to the Defense Department.

Berkshire Hathaway bought 656,302 Class A shares and 4,108 Class B shares of Lennar between Sept 28 and 30.