QQQ reverses higher amid FOMC minutes and renewed Iran-Hormuz tension

QQQ opened 0.62% below its prior close but finished 0.40% higher, while SPY opened down 0.61% and ended 0.32% lower. QQQ led SPY by 0.71 percentage points at the final observation, with most of the divergence forming during regular trading. U.S.-Iran and Hormuz updates remained prominent around the open and after the close. Oil and shipping-security statements added energy context, while the FOMC minutes kept the inflation and policy outlook in focus.