Enter multiple symbols separated by commas

Six in 60 Seconds: Sunoco, OpenTable and More...

Six in 60
Six in 60

Stocks opened sharply higher Monday following news that China is dropping its informal peg of the yuan to the dollar, a move investors believe will boost Chinese demand for exports as well as commodities.

The Dow Jones Industrial Average was up about 100 points at the start, led by multinational corporations including Caterpillar , Alcoa and United Technologies .

The yuan surged to its highest in five yearsMonday following the news, which also encouraged investors to snap up riskier assets.

So which individual stocks are worth watching today? Here are six that are on the move:


The petroleum refiner and marketer was upgraded to outperform from neutral at MacQuarie Research with a price target of $50.


Ameristar Casinos
The Las Vegas-based casino developer and operator was downgraded to hold from buy at Keybanc.



The homebuilder and financial company was upgraded to sector perform from underperform at FBN Securities.


Robert Half
The staffing and risk consulting service was upgraded to outperform from neutral at Credit Suisse.


Anadarko Petroleum
The petroleum exploration and production company was downgraded to junk by Moody's.



The online restaurant reservation service was downgraded to hold from buy at Citi.


Get the latest stock picks on the CNBC Stock Blog

Contact Squawk on the Street

  • Carl Quintanilla

    Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.

  • Simon Hobbs

    Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.

  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

  • David Faber

    “Squawk on the Street” Co-Anchor

  • Rick Santelli

    Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.