A ceasefire between the US and Iran has reportedly been announced, leading to a surge in the Dow, with some outlets reporting a gain of over 1,300 points. However, there are conflicting reports, with some indicating that the ceasefire may not be in effect, and others referencing unrelated events, such as an election win. The impact on oil prices is also unclear, with some reports stating that oil has surged and others that it has plunged.