Visa's $2.19B Volume Surge Ranks 33rd as Shares Dip 1.7% Amid Macro Worries

On September 10, 2025, , . Despite the heightened liquidity, , reflecting mixed market sentiment ahead of key earnings reports from major fintech players.

Analysts attributed the price decline to broader macroeconomic concerns, including rising U.S. Treasury yields and uncertainty around . The payment giant's recent partnership with regional banks to expand digital remittance services failed to offset investor caution, as markets priced in potential regulatory headwinds for cross-border transaction fees.

Technical indicators showed bearish momentum, . Short-term traders noted increased open interest in , suggesting anticipation of further downside risks in the near term. However, long-term holders remain optimistic about Visa's first-quarter guidance, .

To run an accurate back-test I need to pin down two practical details: 1. Stock universe • Default assumption: all common shares listed on the NYSE, NASDAQ and NYSE Arca (≈ 7 000 symbols). • Alternative: a global universe (much larger and slower to process). 2. Portfolio weighting when you hold the 500 names • Equal-weighted (each of the 500 positions at 0.20 %) – this is the typical approach. • Volume-weighted or market-cap-weighted are also possible. Please let me know if the default (US universe, equal weighting) is acceptable; once confirmed I’ll pull daily volume and close-price data from 2022-01-03 to today and run the 1-day-holding back-test.