U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Tuesday.Following the market opening Tuesday, the Dow traded up 0.18% to 52,590.84 while the NASDAQ rose 0.49% to 25,998.70 The S&P 500 also rose, gaining, 0.26% to 7,534.77.Leading and Lagging SectorsMaterials shares jumped by 1.5% on Tuesday.In trading on Tuesday, health care stocks fell by 1.4%.Top HeadlineBank of America (NYSE:BAC) reported better-than-expected earnings for the second quarter on Tuesday.The company posted quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.13 per share. The company reported quarterly sales of $31.558 billion which beat the analyst consensus estimate of $30.746 billion.Equities Trading UP Equities Trading DOWNCommoditiesIn commodity news, oil traded up 2.2% to $79.84 while gold traded up 0.8% at $4,036.30.Silver traded up 2.8% to $59.605 on Tuesday, while copper rose 2.1% to $6.4135.Euro zoneEuropean shares were lower today. The eurozone’s STOXX 600 declined 0.5%, while Spain’s IBEX 35 Index fell 0.8%. London’s FTSE 100 fell 0.4%, Germany’s DAX declined 0.8%, while France’s CAC 40 fell 0.7%.Asia Pacific MarketsAsian markets closed mostly higher on Tuesday, with Japan’s Nikkei 225 gaining 0.74%, Hong Kong’s Hang Seng index rising 0.52%, China’s Shanghai Composite surging 1.36% and India’s BSE Sensex falling 0.72%.Economics