XOM - Hot Stocks: JNJ hits high; PHG sets low; energy stocks fall; NKTX more than doubles; AXSM plunges

Stocks rebounded from an early slide on Monday, finishing the session with modest gains and reclaiming some of the losses posted last week. The Nasdaq led the reversal, ending the day higher by 1.3% as technology stocks got a lift from news that Elon Musk has signed a deal to acquire social media giant Twitter. Elsewhere in the market, Nkarta (NASDAQ:NKTX) was among the standout gainers on the day, more than doubling on strong data for a developmental blood cancer drug. Sticking to healthcare, Johnson & Johnson (JNJ) also received buying attention, adding to last week's earnings-related gains to reach a fresh 52-week high. Even with the reversal, Monday still saw some pockets of weakness at the close. This included the energy sector, with Exxon (XOM), Chevron (CVX), Diamondback (FANG) and Occidental (OXY) all losing ground. Meanwhile, Axsome Therapeutics (AXSM) lost more than a fifth of its value on a

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Hot Stocks: JNJ hits high; PHG sets low; energy stocks fall; NKTX more than doubles; AXSM plunges