The S&P 500 rose 0.6% to 5,030, propelled by strong energy stock performance due to increased oil prices. Alphabet dropped 2.2% amid reports of OpenAI developing a rival web search product in a challenge to Google. Tesla surged 6.2% as Elon Musk raised his stake to 20.5%. In after-hours trading, Applied Materials and Coinbase Global saw significant gains on positive sales guidance and better-than-expected results. The US dollar retreated after disappointing retail sales data. Despite a gloomy demand outlook from the IEA, oil prices rose, supported by a risk-on sentiment in the markets. {table} (full story)