Dow jumps 300 points | More good news on the vaccine front | Yellen next Treasury secretary?

Monday could mark the start of a strong seasonal stretch for the stock market with Thanksgiving Day around the corner.

VIEW IN BROWSER | SUBSCRIBE MON, NOV 23, 2020 EVENING BRIEF AS OF MON, NOV 23, 2020 • 04:29 ET DJIA 29591.27 +1.12% +327.79 S&P 500 3577.59 +0.56% +20.05 NASDAQ 11880.63 +0.22% +25.66   Most Active DOW NAME LAST CHG %CHG AAPL 113.85 -3.49 -2.97% INTC 46.06 +0.67 +1.48% BA 211.53 +11.91 +5.97% S&P 500 NAME LAST CHG %CHG AAPL 113.85 -3.49 -2.97% GE 10.07 +0.31 +3.18% AAL 13.56 +1.03 +8.22% NASDAQ NAME LAST CHG %CHG AAPL 113.85 -3.49 -2.97% TSLA 521.85 +32.24 +6.58% AMD 85.31 +0.67 +0.79%   EDITOR'S NOTE Monday could mark the start of a strong seasonal stretch for the stock market with Thanksgiving Day around the corner.   The S&P 500 has posted a positive return from the start of Thanksgiving week through New Year's Day 19 times in the past 25 years, CNBC's Jesse Pound writes.   "Markets have seasonal tailwinds in place," Fundstrat's Tom Lee said in a note. To be sure, increasing U.S. coronavirus infections and potential lockdowns around the country could put a damper on any year-end rally because of concerns about the economy and corporate earnings.   A CNBC analysis of Johns Hopkins University data found the seven-day average of daily new U.S. Covid infections has topped 170,000. More than 12 million U.S. cases have been confirmed, including 256,803 deaths.   However, Mark Haefele, CIO of UBS Global Wealth Management, thinks recent positive news over a vaccine will "outweigh short-term worries, allowing markets to move higher."   Catch The News with Shepard Smith at 7 p.m. ET on CNBC. The nightly newscast provides deep, non-partisan coverage and perspective on the day's most important stories. Fred Imbert | CNBC Markets Reporter @foimbert TOP NEWS  Dow jumps 300 points on vaccine hope, hits high of day on news Yellen may be Biden's Treasury pick Oxford-AstraZeneca Covid vaccine shows an average 70% effectiveness in preventing the virus New York Gov. Cuomo reopens Covid field hospital in Staten Island as hospitalizations accelerate The stock market is entering a strong seasonal period where it tends to rise Biden chooses former Fed Chair Janet Yellen to be Treasury secretary UK's Boris Johnson confirms end of lockdown on Dec. 2 — with conditions Trump appeals big loss in Pennsylvania vote case that seeks to block Biden win Former subprime player claims he can now short the mortgage market for climate and Covid risks Amazon pushes holiday shoppers to pick up packages at stores amid potential delivery crunch Joe Biden names picks for secretary of State, Homeland Security chief, director of national intelligence   TOP VIDEO Stay-at-home trade is fatigued, but a garden variety recovery trade is not: Liz Young   CNBC PRO BlackRock upgrades U.S. equities, says investors should favor these areas of the market   SPECIAL REPORTS Chinese EV rivals line up to challenge Tesla on their home turf Economists are calling for more stimulus checks. Here's where assistance plans stand   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS