Dow Tumbles Over 600 Points; Mineralys Therapeutics Shares Spike Higher

Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite falling over 700 points, Dow down 1.43% to 42,190.51, NASDAQ down 3.90% to 17,486.28, and S&P 500 down 2.46% to 5,628.52 [1] - European shares also fell, with the eurozone's STOXX 600 down 1.28%, Germany's DAX 40 down 1.86%, and France's CAC 40 down 0.64% [6] - Asian markets closed mostly lower, with Japan's Nikkei gaining 0.38% while China's Shanghai Composite Index fell 0.19% and Hong Kong's Hang Seng Index fell 1.85% [7] Sector Performance - Energy shares rose by 2.1% on Monday, while information technology shares dipped by 4.1% [1] Company News - Mineralys Therapeutics, Inc. saw a 53% increase in shares to $16.13 after reporting positive data from its hypertension trials [9] - Redfin Corporation's shares surged 72% to $10.03 following an acquisition announcement by Rocket Companies valued at $12.50 per share [9] - Checkpoint Therapeutics, Inc. shares rose 64% to $4.0450 after Sun Pharma announced a $365 million acquisition [9] - NET Power Inc. shares dropped 58% to $2.8899 after reporting a fourth-quarter GAAP loss of 46 cents per share [9] - Rocket Companies, Inc. shares fell 13% to $13.73 after the announcement of the acquisition of Redfin [9] - Robinhood Markets, Inc. shares decreased by 14% to $38.35 [9]