The U.S. Dollar Index is trading at 97.98  with a loss of  -0.02% percent or -0.02 point. The Dow Futures is trading at 25,689.00 with a loss of -0.35% percent or -91.00 point. The S&P 500 Futures is trading at 2,849.12  with a loss of -0.45% percent or -12.88 point.  The Nasdaq Futures is trading at 7,433.50 with a loss of -1.04% percent or -78.00 point.

TODAY’S FACTORS AND EVENTS

The Australian dollar surged on Monday and is on track for its biggest rise this year as investors cheered a shock election win by Prime Minister Scott Morrison’s conservative coalition, though mixed global stocks broadly weighed on risk appetite.

The Aussie was last up 0.9% at $0.6926, having bounced from a four-month trough of $0.6865. It was briefly quoted as high as $0.6990 but dealers said that was a miss-hit and the actual transacted peak was $0.6938.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 25,764.00 with a loss of -0.38% percent or -98.68   point. The S&P 500 is trading at 2,859.53 with a loss of -0.58% percent or -16.79 point. The Nasdaq Composite is trading at 7,816.28 with a loss of -1.04% percent or -81.76 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,535.76  with a loss of -1.38% percent or -21.48 point; the S&P 600 Small-Cap Index closed at 934.56  with a loss of -1.56% percent or -14.78 point; the S&P 400 Mid-Cap Index closed at 1,889.40 with a loss of -1.15% percent or -22.01 point; the S&P 100 Index closed at 1,267.41 with a loss of -0.54% percent or -6.91 point; the Russell 3000 Index closed at 1,683.93 with a loss of -0.69% percent or -11.67 point; the Russell 1000 Index closed at 1,583.91  with a loss of -0.64% or -10.14 point.