US Stock Market Move | Q3 performance exceeds expectations, United Parcel Service (UPS.US) surges more than 10%.

On Tuesday, United Parcel Service (UPS.US) opened more than 10% higher, reaching a three-month high of $99.78. On the news front, financial data showed that UPS's adjusted earnings per share for the third quarter reached $1.74, well above analysts' average expectations of $1.32; revenue performance also exceeded market expectations, with revenue in the third quarter reaching $21.4 billion, compared to market estimates of $20.87 billion. The company further forecasts that fourth-quarter revenue will reach around $24 billion, slightly higher than previous expectations. The parcel industry has faced significant pressure this year due to the impact of the Trump administration's trade policies, and UPS's performance is seen as a key turning point. Matt Maley, chief market strategist at Miller Tabak, pointed out that after years of low stock prices, signs of a turnaround should eventually reverse the trend and turn in stock price performance.