Stocks opened sharply higher Monday, after top U.S. lawmakers sealed a deal to raise the debt ceiling one day ahead of a deadline for a potential default.
The Dow Jones Industrial Average soared at the open after closing sharply lower last week. The blue-chip index gained for the first day in seven.
Here are six stocks that are on the move:
Exelon
The utility company was upgraded to buy from neutral at UBS. The firm also raised the price target to $50 from $45.
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Loews
The property and casualty insurance firm reported a lower than expected second quarter profit. The company, run by the billionaire Tisch family, says it was hit by higher catastrophe losses and lower income from its biggest holding CNA Financial.
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RadioShack
The electronics retailer was upgraded to conviction buy from neutral at Goldman Sachs.
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Deckers Outdoor
The footwear company hit a 52-week high Friday.
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Allstate
The largest listed U.S. home and auto insurer reported a second quarter loss as it saw its catastrophe losses increase nearly 270 percent.
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Anheuser-Busch InBev
The brewer was upgraded to buy from hold at Royal Bank of Scotland.
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