Wall Street set for shaky start after global rout

NEW YORK (AP) - Wall Street headed to a shaky start Tuesday after a huge sell-off the previous session, with investors waiting to see if central banks would try to alleviate the ongoing turmoil in the credit markets by cutting interest rates.

Australia's central bank cut interest rates by the largest amount since 1992 in a surprise move, and that reignited hopes that others including the Federal Reserve and European Central Bank might follow. The move helped Asian markets, and later European bourses, rebound from a global rout in stocks on Monday.