Iran deadline dominates Saturday as subprime delinquencies reach an 11-year high

U.S. markets were closed for the weekend, so QQQ and SPY had no regular-session move. Trump gave Iran 48 hours to reopen the Strait of Hormuz by April 6 and threatened strikes on Iranian power plants, while Iran's military said it would make aggressors pay. A second F-15 crew member was rescued, and U.S. subprime delinquencies reached 10%, an 11-year high.