World Markets Slip On Stimulus Deal

World Markets Slip On Stimulus Deal

Stocks in Europe and Asia slipped and U.S. index futures fell as companies from Electricite de France SA to Diageo Plc posted disappointing results and investors speculated U.S. measures won't revive the global economy.

EDF, the biggest operator of nuclear reactors, and Diageo, the largest liquor maker, fell more than 7 percent. Wal-Mart Stores Inc. retreated 1.6 percent before a report that may show U.S. retail sales declined amid rising unemployment. Mitsubishi UFJ Financial Group Ltd., Japan's biggest lender, lost 3.5 percent as U.S. Treasury Secretary Timothy Geithner said he needs time to work out details of a bank-rescue plan unveiled Feb. 10.

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