Ceasefire efforts and energy costs share Sunday focus with AI hardware demand

U.S. markets were closed for the weekend, leaving QQQ and SPY unchanged from Thursday's close. Mediators pursued terms for a possible 45-day U.S.-Iran ceasefire, although analysts saw little chance of a partial deal within 48 hours. The war's energy burden remained visible in higher U.S. fuel costs and an IMF warning about pressure on the global economy. Separately, Samsung's DRAM pricing and Foxconn's nearly 30% revenue growth reflected continued AI hardware demand.