- U.S. stocks traded higher on Tuesday, with the Nasdaq Composite gaining 2.22% and major indexes recording significant gains.
- McDonald's reported second-quarter adjusted earnings of $3.38 per share, surpassing market estimates of $3.32 per share.
- Crude oil prices fell 5.3% to $76.09, while the U.S. trade deficit shrank to $73.3 billion in June.