The U.S.Dollar Index  is trading at 111.11 with a loss of -0.57% percent or -0.64 point.The Dow Futures is trading at 29,944.0 up with +1.54% percent or +453.1 point.The S&P 500 Futures is  trading at 3,743.70 up with +1.77% percent or +65.30 point.The Nasdaq Futures is trading at 11,477.8 with +2.21% percent or +248.1 point.

TODAY’S FACTORS AND EVENTS

Australia’s dollar tumbled on Tuesday after the nation’s central bank surprised markets by opting to raise rates by a smaller-than-expected quarter point.

The Reserve Bank of Australia said it decided to slow the pace of tightening because the cash rate had been increased substantially in a short period of time, but left the door open to additional hikes.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 29,490.89 with 2.66% percent or +765.38 point. The S&P 500 is trading at 3,678.43 with  +2.59% percent or +92.81  point. The Nasdaq Composite is trading at 10,815.44 with 2.27%  percent or -161.89   point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed a 1,708.87 up with +2.65% percent or  +44.15 point. the S&P 600 Small-Cap Index closed at 1,093.07 up with 2.64% percent or +28.12  point. the S&P 400 Mid-Cap Index closed at 2,267.85 with 2.92% percent or +64.32  point. the S&P 100 Index closed at 1,663.53 up with 2.32% percent or  +37.77  point.the Russell 3000 Index closed at 2,131.63 with 2.60% percent or +54.02 point. the Russell 1000 Index closed at 2,023.50 up with +2.60% or +51.21 point.