The Dow Jones Transportation Average DJT, +1.68% 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, +15.29% 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. Shares of fellow package delivery provider FedEx Corp. FDX, +3.11% got a reciprocal boost of $7.60, or 3.1%, to add about 46 points to the Dow transports. Meanwhile, the Dow Jones Industrial Average DJIA, +0.07% rose 52 points, or 0.2%, and the S&P 500 SPX, +0.05% ticked up 0.1%.
