Futures going down

As of 2:16 p.m. GMT +3, the Dow Jones Industrial Average (DJIA) was down 1.12 percent to 3,087 points, the NASDAQ High-Tech futures were down 1.25 percent to 1,1783.5 points and the S&P 500 broad market index was down 1.27 percent to 3,875.25 points.
Is that a new world-wide sale introducing more amd more volatility?