The Dow has surged, with some reports indicating a gain of over 1,000 points, following a development in the situation with Iran. There are conflicting reports on the specifics, with some outlets stating that attacks on Iran were called off or postponed, while others mention a possible end to the war or the opening of the Strait of Hormuz. The stock market rally has been accompanied by a drop in oil prices, amid signals from Trump that suggest a potential shift in the conflict with Iran.