Australian shares are set to open higher, after US stocks climbed as traders weighed earnings from financial heavyweights and the increased likelihood of a second Trump presidency.
ASX futures were up 0.21% or 17 points as of 8:00am on Tuesday, suggesting a higher open.
Major US stock indexes rose alongside government-bond yields with the return of the "Trump trade" following Saturday's attempted assassination of Donald Trump.
The Dow Jones Industrial Average added 0.5% to close at a record 40,211.72, its first since May. The S&P 500 was up 0.3%, while the Nasdaq Composite was 0.4% higher.
In commodity markets, Brent crude oil was down 0.1% to US$84.94 a barrel, while gold was flat at US$2,422.19.
The Australian dollar was 67.59 US cents, up from its previous close of 67.57.