I am unable to build my application I am running the latest build tools downloaded today, this started happening after the update.
-dex:
[dex] Converting
Something happened yesterday to my system (and another here at work) where the SDK wanted to push the platform tools update but then I was unable to use it at all, etc.
I ended up moving my SDK out of the way and reinstalling it, then everything worked as it always had. I did not have your dex specific issue, but I suspect the update push yesterday broke a good many things. Good luck.