Conflicting Hormuz claims and stalled peace talks define Saturday's news

U.S. markets were closed on Saturday, leaving QQQ and SPY at the carried closes of $739.66 and $746.56. Iran announced that the Strait of Hormuz was closed, while U.S. Central Command later said 55 merchant ships had transited safely. Peace talks stalled as fighting in southern Lebanon intensified, and a later report said U.S.-Iran technical talks were planned for Sunday.