BUZZ-U.S. Stocks on the Move-Akamai, MasterCard, Visa, Lakeland,
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U.S.-listed shares of major European banks were among the biggest movers of the premarket session on Thursday, continuing to see weakness ever since the results of the European Central Bank's stress tests were published over the weekend. Dow Jones industrial average futures were down 0.30 percent at 16,874, S&P 500 futures were down 0.34 percent at 1,965.5 and Nasdaq 100 futures were down 0.39 percent at 4,056.5.
** MASTERCARD INC, Wednesday close $75.99, +1.99 pct premarket
** VISA INC, Wednesday close $214.66, +3.88 pct premarket
Mastercard, the second largest card company's shares rose after China announced plans to open up its market for clearing domestic bank card transactions. The company and larger rival Visa stand to gain access to growing market worth more than $1 trillion annually.
MasterCard posted a 15.5 percent rise in quarterly profit as more customers used its cards to make purchases.
Visa also reported better-than-expected fourth-quarter adjusted profit on Wednesday.