S&P 500 closes at another record | Thanksgiving Day online sales hit record | Black Friday updates

It was a short week on Wall Street, but a strong one nonetheless.

VIEW IN BROWSER | SUBSCRIBE FRI, NOV 27, 2020 EVENING BRIEF AS OF FRI, NOV 27, 2020 • 01:24 ET DJIA 29910.37 +0.13% +37.90 S&P 500 3638.35 +0.24% +8.70 NASDAQ 12205.85 +0.92% +111.44   Most Active DOW NAME LAST CHG %CHG AAPL 116.59 +0.56 +0.48% INTC 47.45 +0.40 +0.85% MSFT 215.23 +1.36 +0.64% S&P 500 NAME LAST CHG %CHG AAL 14.98 +0.04 +0.27% GE 10.40 -0.10 -0.95% CCL 21.58 +0.93 +4.50% NASDAQ NAME LAST CHG %CHG AAPL 116.59 +0.56 +0.48% MRNA 127.03 +17.85 +16.35% TSLA 585.76 +11.76 +2.05%   EDITOR'S NOTE It was a short week on Wall Street, but a strong one nonetheless.   The Dow Jones Industrial Average and S&P 500 ended Friday's session up more than 2% each for the week, and the Nasdaq Composite climbed nearly 3% over that time period. That marked the third weekly gain in four weeks for the major averages.   Those advances also drove the Dow and S&P 500 to record levels this week. The Dow broke above 30,000 for the first time earlier in the week, and the S&P 500 posted a record closing high. The small-cap Russell 2000, meanwhile, surged to all-time intraday and closing highs as traders piled into beaten-down value stocks at the expense of high-flying growth names. "What we're witnessing today, this week and this month, is a continuation in the rise of optimism," said Mike Zigmont, head of trading and research at Harvest Volatility Management. "The environment for risk assets has been getting better and better" as drugmakers release more positive Covid-19 vaccine data and the risks on the political front ease.   Friday's session also primed the market to notch a historic monthly performance. The Dow is up nearly 13% in November. If that gain holds, it will be the index's biggest one-month advance since January 1987. The Russell 2000, meanwhile, was headed for its best month ever, rising 20%.   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  S&P 500 closes at another record Friday, gains 2% on week Black Friday 2020 Live Updates: Chess sets become hot holiday gift, 25% off for using curbside pickup Coronavirus live updates: AstraZeneca CEO touts a new vaccine trial in response to doubts raised in U.S. Thanksgiving Day online sales hit record $5.1 billion, up 21.5% from last year, Adobe says Black Friday 2020 looks bleak at stores, malls, as shoppers stick to couch surfing during the pandemic Britain tries to cool AstraZeneca concerns as its CEO touts a new vaccine trial U.S. agency opens probe into 115,000 Tesla vehicles over suspension issue These are Wall Street's favorite 10 retail stocks into the holiday shopping season Top Iranian nuclear scientist assassinated China is more concerned by Biden than Trump, economist Jim O'Neill says   TOP VIDEO Holiday shoppers are spending more on pets in 2020   CNBC PRO Amazon will be big holiday season winner getting 42 cents of every $1 spent, Truist says   SPECIAL REPORTS Main Street pins hopes on Small Business Saturday sales to help stay afloat Here are tech product highlights for Black Friday 2020   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