Extreme Trading: The Dow Goes Wild … and More!

The Dow Jones Industrial Average dramatically reversed a month of lackluster performance on the first day of December trading Wednesday, rocketing 250 points higher on a confluence of encouraging economic data releases.

Getty Images

Germany's unemployment rate sank to its lowest levels in 18 years in November, offering a glimmer of hope in what has become a very grim European economic climate.
Shares of oil and gas exploration firm Murphy Oil hit a 52-week high Thursday. The stock has been rising even though CEO David Wood has said that business could be hurt by the U.S. moratorium on deepwater drilling.
Shares of Bank of America dropped more than 3 percent Tuesday. News outlets attributed the downward move to speculation that Wikileaks may release a cache of BofA documents that could cripple the company. That seems hard to believe, but investors can spook for all kinds of reasons.

Getty Images

Advertisement
Shares of Russian food firm Wimm Bill Dann jumped 28 percent Thursday on news that soda maker Pepsi would buy the company for $3.8 billion.
Shares of donut purveyor Krispy Kreme rocketed up 18 percent Thursday after the company reported third-quarter earnings that beat expectations.

Flickr

Aeropostale stock dropped around 12 percent Thursday after the company reported declining November sales and lackluster quarterly earnings.
Advertisement
Food seller Kroger saw its shares drop 9.4 percent Thursday after its CEO said that the economic recovery is going slower than he thought it would.

Must Reads

We noticed you're using an ad blocker.

We get it: you like to have control of your own internet experience.
But advertising revenue helps support our journalism.

To read our full stories, please turn off your ad blocker.

We'd really appreciate it.

How Do I Whitelist Observer?

How Do I Whitelist Observer?

Below are steps you can take in order to whitelist Observer.com on your browser:

For Adblock:

Click the AdBlock button on your browser and select Don't run on pages on this domain.

For Adblock Plus on Google Chrome:

Click the AdBlock Plus button on your browser and select Enabled on this site.

For Adblock Plus on Firefox:

Click the AdBlock Plus button on your browser and select Disable on Observer.com.

Then Reload the Page