U.S. stocks traded higher this morning, with the Dow Jones gaining more than 150 points on Wednesday.Following the market opening Wednesday, the Dow traded up 0.31% to 52,670.85 while the NASDAQ rose 0.71% to 26,291.06 The S&P 500 also rose, gaining, 0.43% to 7,576.95.Leading and Lagging SectorsConsumer discretionary shares jumped by 1.3% on Wednesday.In trading on Wednesday, health care stocks fell by 0.4%.Top HeadlineMorgan Stanley (NYSE:MS) reported upbeat earnings for the second quarter on Wednesday.The company posted quarterly earnings of $3.46 per share which beat the analyst consensus estimate of $2.91 per share. The company reported quarterly sales of $21.348 billion which beat the analyst consensus estimate of $19.637 billion.Equities Trading UP Equities Trading DOWNCommoditiesIn commodity news, oil traded up 1% to $80.16 while gold traded up 0.1% at $4,070.80.Silver traded down 0.4% to $58.865 on Wednesday, while copper rose 0.3% to $6.4000.Euro zoneEuropean shares were mixed today. The eurozone’s STOXX 600 gained 0.2%, while Spain’s IBEX 35 Index fell 0.4%. London’s FTSE 100 slipped 0.1%, Germany’s DAX declined 0.5%, while France’s CAC 40 rose 0.2%.Asia Pacific MarketsAsian markets closed mostly higher on Wednesday, with Japan’s Nikkei 225 gaining 1.49%, Hong Kong’s Hang Seng index rising 1.40%, China’s Shanghai Composite falling 0.29% and India’s BSE Sensex gaining 0.17%.Economics