Wall Street stocks look set to follow Asian and European markets lower despite Chinese state-controlled funds stepping in to help prop up the country’s stock market. The major U.S. index futures point to a slightly lower opening on Tuesday, the second session of the New Year. Asian stocks settled the day mostly lower, as risk aversion had a firm hold on the markets. Commodities are seeing a small upward bounce. In the absence of any major domestic catalysts, the domestic markets could focus on the health of the auto industry gleaned through the monthly sales figures of the automakers.