Wall Street shares were tipped to open sharply lower on Tuesday, as European markets suffered steep falls.
Stock futures for the Dow Jones industrial average were down about 260 points, accelerating losses as European markets came under pressure.
Commodities set the tone, with copper slumping more than 2 percent. Traders pin the drop on global growth fears, in part due to a new report from the Asian Development Bank which cut its growth forecast for China.
Meanwhile, miners were slammed with Glencore down more than 10 percent.
Blue-chip stock markets in London, Frankfurt and Paris were all down more than 2 percent - hurt by a slide in Volkswagen shares following an emissions scandal.