Early indications suggest that Wall Street stocks may sink further on Wednesday after a rough start to the year. Risk aversion has sent most risky bets tumbling. Oil is at sub-$29-a-barrel level and most commodities are weaker. The dollar is once again mixed. The markets across the Atlantic are also experiencing intense weakness amid risk aversion and some sour domestic corporate news. The domestic markets could also react to earnings from Goldman Sachs (GS) and economic reports on consumer price inflation and housing starts.