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Dow transports charges higher as record UPS stock surge provides a near 200-point boost

Dow transports charges higher as record UPS stock surge provides a near 200-point boost

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The Dow Jones Transportation Average DJT, +1.59% charged up 281 points, or 1.8%, to outperform the broader stock market by a wide margin, as big surge in United Parcel Service Inc.’s stock UPS, +15.17% on the back of a blowout fourth-quarter report provided a boost. UPS’s stock powered up 15.3% toward a one-day record gain and a record close, with the $30.94 price gain adding about 189 points to the Dow transports’ price.

...read full article on Market Watch

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