Stocks gained in the wake of Libya announcing a ceasefire and the G7 agreeing to intervene in the currency markets to restrain the yen.
The Dow Jones Industrial Average rose more than 100 points, afterclimbing back from the lows of the yearin Thursday's session.
So which individual stocks are worth watching today? Here are six that are on the move:
Cisco
The telecom manufacturer was trading higher after announcing it will pay its first cash dividend to shareholders.
----------
Nike
The athletic clothing and shoe manufacturer was trading sharply lower after being downgraded to neutral from buy at Goldman Sachs.
----------
Pfizer
The pharmaceutical company was up on the day, trading at levels not seen since last January.
-----------
Talbots
The clothing retailer's first-quarter estimate was reduced at Janney Capital, the firm citing a challenging operating environment. Shares were rated neutral.
-----------
Rackspace
The Internet hosting company was initiated buy with a $49 price target at Mizuho Securities.
-----------
U.S. Airways
The airline was surging along with the rest of the sector, despite warnings by international airlines that the disaster in Japan will hurt profits.
______________________________
Get the latest stock picks on the CNBC Stock Blog, and see what analysts and others are watching before the bell each day at Analyst Watch.