Visa's Stock Rally Would Add More Than 50 Points To Dow's Price

MarketWatch Pulse

The Dow Jones Industrial Average might be headed for a triple-digit loss at Thursday's open, if it wasn't for the big premarket rally in Visa Inc.'s stock . The credit-card company reported late Wednesday fiscal fourth-quarter earnings that beat expectations, and the stock is rallying $8.34, or 3.9%, to $223 ahead of the open. That gain would add about 54 points to the Dow, which is a price-weighted index. Dow futures were down 73 points in recent trade.

Copyright © 2014 MarketWatch, Inc.

Continue Reading Below