U.S. stock futures tumbled, extending a global slump, on concern an economic stimulus package being signed into law today won’t be enough curb the deepening recession.
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UPDATE 2-Wal-Mart profit beats Wall St view, shares up
The world's largest retailer saw U.S. sales rise 6 percent in the quarter as it attracted more shoppers trying to save money in the recession. International sales slid 8.4 percent due to a stronger U.S. dollar while sales at its Sam's Club warehouse clubs were flat.
Net sales rose 1.7 percent to $108 billion.
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