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Trump secretly convened his top aides at Camp David Friday on Iran and Yemen. Vance chaired with Rubio, Hegseth, Ratcliffe, and Witkoff. Last similar session was June 2025, days before Israel went to war. AP
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September payrolls came in at 29,000 vs. 84,000 expected. Unemployment rose to 4.2%. BLS
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Stocks rallied on the miss. S&P gained 0.7% and Nasdaq hit an intraday record. 10-year yield rose to 5.28% anyway. CNBC
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Houthis hit an Aramco refinery south of Riyadh Saturday. Smoke and fire were visible from the city. Saudi coalition called the claims “misleading.” Reuters
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A Houthi drone struck a Medina power station supplying the Prophet’s Mosque. One transformer was knocked out. Reuters
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Russia struck Kyiv’s Northern Bridge Saturday, killing at least 6 across Ukraine. Third straight day of bridge attacks over the Dnipro. AP
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Hegseth said Saturday Trump is “hell-bent” on stopping Iran’s nuclear program. Said “it may have to happen the hard way.” Fox
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Trump rallied in Mobile Friday on a 17-state midterm swing. Asked the crowd to “pretend I’m on the ballot.” Fox
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Friday’s 29K print was the last payrolls report before the midterms. No new jobs data before the vote. WSJ
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Markets price near-zero odds of a Fed cut in October. Fed Minutes from September drop Wednesday. BBG
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