In keeping with the trend of the New Year, US shares are set to plunge lower again on Tuesday.
On Monday (January 4) they had one of the worst first trading days of the year in recent memory.
The S&P 500 made its worst start to the year in 15 years, shedding 1.5%, or 31 points at 2,013 while the Dow Jones Industrial Average declined 1.6% or 276 points to 17,149.
The tech-heavy Nasdaq was harder hit, shedding 2.1% or 104 at 4,903, as investors banked profits on Netflix and Amazon (NASDAQ:AMZN), both of which had stellar years in 2015.
Indeed, analysts are already speculating that the first day falls indicate a general bear market for the rest of 2016.
In Wall Street futures trading today, the Dow Jones is down a further 107 points, while the S&P is down 12.75. The Nasdaq is down 29 points.
In London, FTSE100 is currently down 0.03% to 6,095, while the oil price, having gained ground overnight, fell on over oversupply worries - and WTI is now down 0.14% to US$36.71 per barrel.
In terms of data stateside, traders will be eyeing auto sales for December to be posted this afternoon and The Institute of Supply Management is due to post its economic activity index for January this morning.