U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.90% to 32,535.25 while the NASDAQ rose 1.05% to 11,798.59. The S&P 500, also rose, gaining, 1.04% to 3,992.47.

Check This Out: Meta Platforms To Rally Over 26%? Here Are 10 Other Analyst Forecasts For Tuesday

Leading and Lagging Sectors

Top Headline

Tencent Music Entertainment Group (NYSE:TME) posted upbeat sales for its fourth quarter.

Tencent Music reported a fourth-quarter revenue decline of 2.4% year-over-year to $1.08 billion (RMB 7.43 billion), beating the consensus of $1.07 billion. Adjusted EPADS of $0.13 is in line with the consensus.

Equities Trading UP

Equities Trading DOWN

Also Check This Out: Top 3 Consumer Stocks That You May Want To Dump In March

Commodities

In commodity news, oil traded up 1.9% to $68.94 while gold traded down 0.8% at $ 1,966.10.

Silver traded down 0.1% to $22.635 on Tuesday while copper rose 1.7% to $4.0170.

Euro zone

European shares were higher today. The eurozone’s STOXX 600 gained 1.6%, London’s FTSE 100 rose 1.7% while Spain’s IBEX 35 Index rose 2.7%. The German DAX gained 1.8%, French CAC 40 climbed 1.8% and Italy’s FTSE MIB Index rose 2.6%.

Construction output in the Eurozone rose 0.9% from a year ago in January. The ZEW Indicator of Economic Sentiment for the Eurozone fell by 19.7 points to 10 in March versus a one-year high level of 29.7 in the previous month, while ZEW Indicator of Economic Sentiment for Germany declined by 15.1 points to 13 in March. Passenger car registrations in the European Union rose 11.5% year-over-year to 802,763 units in February.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Hong Kong’s Hang Seng Index gaining 1.36% and China’s Shanghai Composite Index gaining 0.64%. India’s S&P BSE Sensex rose 0.77%.

Hong Kong’s current account surplus shrank to HKD 63.8 billion in the fourth quarter from HKD 91.9 billion in the year-ago period.

Economics

Existing home sales in the US surged 14.5% to an annual rate of 4.58 million in February, compared to market estimates of a 5% growth.

Now Read This: Insiders Selling Roblox And 2 Other Stocks

COVID-19 Update

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 105,979,970 cases with around 1,151,770 deaths. India confirmed a total of at least 44,696,980 cases and 530,800 deaths, while France reported over 39,704,740 COVID-19 cases with 165,370 deaths. In total, there were at least 682,658,200 cases of COVID-19 worldwide with more than 6,820,840 deaths.