Biggest stock movers Monday: U.S. banks, airline stocks, and more

Xenon Pharmaceuticals rallied about 46%, one of Monday’s largest stock movers. Stock futures edged down as oil prices surged and the Middle East conflict persisted without signs of de-escalation, fueling inflation concerns. Oil-driven inflation fears are weighing on risk appetite and nudging markets toward cautious positioning.

Analysis

Xenon Pharmaceuticals rallied about 46%, one of Monday’s largest stock movers. Stock futures edged down as oil prices surged and the Middle East conflict persisted without signs of de-escalation, fueling inflation concerns. Oil-driven inflation fears are weighing on risk appetite and nudging markets toward cautious positioning.