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.

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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.

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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.


Aeropostale stock dropped around 12 percent Thursday after the company reported declining November sales and lackluster quarterly earnings.
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.

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