QQQ and SPY remain at Friday’s closes as fresh Iran strikes shape Sunday risk

U.S. markets were closed, leaving QQQ and SPY at Friday’s closes. Hormuz remained open under severe pressure earlier in the day, and a conditional U.S. signal left room for an Iran deal. Later reports described a fresh U.S. strike order, oil above $74, weaker stock futures, and CENTCOM’s statement that Iran did not control the strait.