Historic month on Wall Street | More positive vaccine news | Bitcoin surges to record

The market did something it had rarely done in November to close out the month: decline.

VIEW IN BROWSER | SUBSCRIBE MON, NOV 30, 2020 EVENING BRIEF AS OF MON, NOV 30, 2020 • 04:30 ET DJIA 29638.64 -0.91% -271.73 S&P 500 3621.63 -0.46% -16.72 NASDAQ 12198.74 -0.06% -7.11   Most Active DOW NAME LAST CHG %CHG AAPL 119.05 +2.46 +2.11% KO 51.60 -0.69 -1.32% INTC 48.35 +0.90 +1.90% S&P 500 NAME LAST CHG %CHG AAPL 119.05 +2.46 +2.11% GE 10.18 -0.22 -2.12% AAL 14.13 -0.85 -5.67% NASDAQ NAME LAST CHG %CHG AAPL 119.05 +2.46 +2.11% AMD 92.66 +5.47 +6.27% MRNA 152.74 +25.71 +20.24%   EDITOR'S NOTE The market did something it had rarely done in November to close out the month: decline.   The Dow Jones Industrial Average fell more than 200 points on the final trading day of November. The S&P 500 and Nasdaq dropped 0.5% and 0.1%, respectively. For the Dow and S&P 500, it marked just the eighth losing session in the month and the seventh for the Nasdaq.   Despite those losses, the major averages were able to finish November with sharp monthly gains. The Dow surged 11.8% in November, its biggest one-month gain since January 1987, when it rallied more than 13%. The S&P 500 and Nasdaq climbed 10.8% and 11.8%, respectively, over that time period to notch their biggest monthly advances since April. The Russell 2000, which tracks small-cap stocks, had its best month ever, up 18.3%.   November's rally came as expectations of a strong economic rebound increased amid a slew of positive news on potential coronavirus vaccines. On Monday, Moderna said that new trial data showed its Covid-19 vaccine candidate was more than 94% effective   "The length and strength of the current rally suggests to us that the market could be vulnerable to some pullback at these levels," wrote John Stoltzfus, chief investment strategist at Oppenheimer Asset Management. "That said, the bull market that has emerged from the lows on March 23rd of this year has shown similarities to its predecessor ... in having a predilection to climb walls of worry aided and abetted by monetary policy and secular trends deeply embedded in technology and globalization."   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 falls more than 200 points to end November, but still posts biggest monthly gain since 1987 Moderna says new data shows Covid vaccine is more than 94% effective, plans to ask FDA for emergency clearance later Monday Bitcoin surges to record above $19,800, topping 2017 high S&P Global to buy IHS Markit in $44 billion mega-deal Arizona certifies election win for Biden over Trump Salesforce deal to buy Slack expected to be announced Tuesday after market close Federal Reserve says key bank lending rate will be phased out by June 2023 Nikola shares crater by more than 20% after GM gives up equity stake in smaller, reworked deal First 'mass air shipment' of Pfizer's Covid vaccine arrives as airlines prepare for more Biden announces economic team, confirms Janet Yellen as Treasury nominee   TOP VIDEO Here are some of the silver linings for small businesses right now   CNBC PRO BTIG says cryptocurrency 'comes of age,' puts $50,000 target on bitcoin for 2021   SPECIAL REPORTS Small business confidence drops to all-time low after Biden election IMF warns of 'scarring effects' that could hit growth in the euro zone   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