Surge In Wal-Mart, Cisco Shares Set to Give Dow Big Boost

By Tomi KilgoreMarketsMarketWatch Pulse

Shares of Wal-Mart Stores (NYSE:WMT) and Cisco Systems (NASDAQ:CSCO) will give the Dow Jones Industrial Average's a big boost Thursday, but not quite enough to halt the recent slide.

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Wal-Mart's stock shot up $5.80, or 9.2%, in recent premarket trade after the world's largest retailer fiscal first-quarter results and current-quarter outlook were above expectations, which puts it on track to post the biggest one-day percentage gain since October 2008.