Record territory. Its the Third Straight day that those two indexes, arguably, the most recognizable market gauges in the world, finished at records. Here are the final numbers. The blue chip dow added to 19,083. The nasdaq took a breather and fell 5, but the s p 500 tacked on a penny, 1. 78 to be exact. We reported on the sectors and stocks that propelled the market to new highs. Tonight dominic chu looks at the turkeys, the ones the rally left behind, as family and friends gather around the dinner table, some investors are talking a different kind of turkey and thats the stocks that have gone foul in their portfolios. Yes, that bad pun was intended. Around 30 stocks have lost 20 or more of their value in 2016 and among the big names, drugstore and pharmacy benefits company, cvs, down 24 , also under armour down 27 and solar paw power companies, first solar. There are also other types of turkeys in the market, as well. Stocks that have gone little in the way of Capital Appreciation and have provided no dividend to investors, whatsoever. More than 80 stocks in the s p 500 have no current dividends. Approximately 13 of those stocks havent really gone up or down by more than 5 this year. Some would argue, those stocks have been dead money because of that. So among the stocks hitting those criteria, online streaming company, netflix, up 3 . Drug company biogen, down 1 , and google parent company, alphabet, which is pretty much flat for the year. So a big question is how many of these companies can turn things around and get that spark to move them in the right direction . In the meantime, maybe think about talking more stocks at the thanksgiving dinner table and less about politics. Gobble, gobble. For nightly business report, im dominic chu here at the new york stokes. Gobble, gobble indeed. Fed policymakers appear ready to do something they havent done in about a year. Raise Interest Rates. Hampton pearson device into the minutes of the Central Banks last meeting. Justreleased minutes show monetary policymakers moving closer to raising key short term Interest Rates for the first time in nearly a year. With some even suggesting if they didnt raise rates in december, there was the risk of losing credibility, given audioloall the signals about an impending hike. Theyre shifting the goalpost for i think the investing public to begin to concentrate on what signals well get in december at the press conference that follows the december meeting about the number of rate hikes we might see in 2017. Last week, fed chair janet yellen told lawmakers the election of donald trump has not changed the feds thinking on the timing of a rate hike. But private economists argue the combination of a Trump Presidency and republican control of congress could change that trajectory. Financial markets have already pushed up longterm Interest Rates in anticipation of possible tax cuts and spending on infrastructure ojects. So the fed in looking at its first rate hike is really not interested in that rate hike. Its interested in everything that follows after that. How fast and how high will it have to go. There was absolutely no discussion of the president ial election inside that fed meeting, but the Market Reaction in the three weeks since Donald Trumps surprise victory may cause monetary policymakers to rewrite their notion of a new normal. For nightly business report, im Hampton Pearson in washington. Sticking with the economy, orders for bigticket manufactured goods recorded their biggest increase in a year. The man for durable goods products designed to last longer than three years, like washing machines, trucks, computers and the like rose nearly 5 , according to the commerce department. The advance driven by a near doubling in orders for civilian aircraft. Overall, orders have increased for four straight months. The number of americans who applied for first time Unemployment Benefits rose last week from a multidecade low. Initial jobless claims a proxy for layoffs, were up 18,000 to a season seasonally adjusted 251,000. Despite the weekly rise, claims remain at historically low levels. In fact, they have remained below 300,000 for 90 straight weeks, the longest stretch since 1970. Sales of newly built hoemts homes were weaker than expected. The drop came in october, before Mortgage Rates started to elevate. And as diana olick reports, the culprit may be rising costs. Reporter after a huge jump in Home Construction activity last month, the expectation was that strong sales would follow, but the numbers disappointed. Sales of newly built homes fell in october and even september sales were revised down. The only thing that went up was price. Builders are spending more on labor due to a severe shortage, a shortage that will likely get worse. Here were expecting that president elect who has taken a much harder stance on immigration policy will have an effect on the labor pool. Theyll have to compete much harder in order to attract talent, which means higher wages. Reporter housing is already getting more expensive, thanks to the sharp rise in Mortgage Rates post election. The average rate on the popular 30year fixed is still climbing. That jump in rates could be behind an even sharper spike in Mortgage Applications to buy a home, up 19 in just one week. Potential buyers on the fence may have jumped into deals fearing rates would go even higher. In the long run, as we see Mortgage Rates increase further and further, and by the end of 2017, we might end up with a Mortgage Rate of closer to 5 . That will certainly have an impact in some of these more expensive markets. Reporter rising rates will certainly make housing more expensive, but theyre unlikely to put much of a chill on home prices. With so few homes for sale and so much demand, competition will eclipse cost. For nightly business report, im diana olick in washington. A new report today shows that americans started to feel more optimistic about their finances amid Donald Trumps white house win. According to the university of michigans sentiment survey, the sense of optimism was partly because the election was finally over. The survey included interviews done both before and after november 8th, and it measures attitudes towards personal finances, employment and government policy. That sense of enthusiasm also extended to the stock market, which has been driven in part by the belief that president elect trump will adopt a farreaching tax cut and stimulus programs and ignite growth. There may be one thing standing in the way. Deficits. Steve liesman explains. Thank you very much, everybody. Reporter president elect donald trump has defied the odds so much that betting against him seems like a quick way to the poor house. When it comes to his plans to enact a multitrillion dollar tax cut and massive spending programs, the question is whether the dealmaker can take on one of the oldest foes in washington, the National Debt and the deficit. Were looking at a potential reality that a fiscal deficit will be 1 to 1. 5 trillion a year for the next four years. 586 billion last year. And somebody has to buy that debt. Reporter the public no longer ranks the deficit as a major issue the way it did in 2013. That gives trump somely way. Politicians obvious sich sides when theyre in power so democrats could become deficit hawks and Tea Party Members might become doves. A president has a lot of Political Capital and may be enough to erase fears for a year, maybe two. But once you get into the latter part of any president s term, the opposition to some of these things is going to start to rear its head politically and if markets react, strong. Reporter there are already signs Establishment Republicans could balk at massive deficit increases and leaving entitlement spending untouched. If you want to deal with the debt and the deficit, youve got to deal with entitlement reform. There is no way around it. Over 60 of all federal spending, social security, medicare and medicaid. Reporter and there is the fed, which has given mixed reviews to the idea of ramping up the deficit. Fed chair janet yellen suggested it could lead to inflation and higher Interest Rates. But fisher was more welcoming. Certain fiscal policies, particularly those that increase productivity, can increase the potential of the economy and help confront some of our longerterm economic challenges. Reporter the fed could put the brakes on the economy if it feels the president is moving too fast and stoking inflation. The most important factor, though, maybe markets. They have given up treasury yields in anticipation of more inflation, more growth and bigger deficits from the new president. And markets have a way of letting policymakers know when theyre going too far on the debt. That is, deficits often dont matter until markets say they do. For nightly business report, im steve liesman. As we have been reporting, the president elect has business dealings all over the world. During the campaign, he said he would distance himself from them, but so far, he has not. And just yesterday, in a meeting with the new york times, donald trump is quoted as saying, in theory, i could run my business perfectly and then run the country perfectly. The president cant have a conflict of interest. Robert frank explains how trump could separate his business from his presidency. Reporter trump is correct. The law is on his side. All of the ethics and conflict of interest rules that prevent Public Officials from participating in matters that could personally benefit them or their families do not apply to the president. The theory being that the president s decisions are so farreaching that any rule would prestrict his or her power. The rules did not ponder a president with a multibilliondollar Global Business empire. Trump has got properties in 18 countries from golf courses in dubai and scotland and ireland to buildings in india, south korea, canada and the philippines. Hes got hotels in brazil and vancouver, and the risks from all of that property are already apparent. Three days after he talked to argentinas new president at trump tower in bun owes aries that had been held up for years, suddenly got construction permits. And his Indian Business partners who visited last week said they would expand their businesses with donald trump now that he is president. Thats not to mention, his dealings with the u. S. Government. That new d. C. Hotel that he owns is leased from the federal government by an agency whose chief, trump, will be able to appoint. Hes got three basic choices. He could have his kids run the company, and separate them from the white house and from politics. He could put the whole company into a blind trust run by a truly independent trustee who he has never had business dealings with. Or the third option, he could simply sell the entire company, liqu liquid ate it and put those proceeds into a blind trust. All of those solutions are imperfect. And thats why once he becomes president , all the public attention will turn to an obscure provision of the constitution called the emonthly meants clause. This is up to congress to enforce. There is some disagreement on whether this could actually limit trumps activities. But already, there are bills by members of Congress Calling on trump to convert his assets into a conflictfree holding or cash to make sure he meets all of the standards of the emonthly meants clause. The last statement we have from the Trump Organization said they would hand the company to trumps children and that, quote, the structure that is ultimately selected will comply with all applicable rules and regulations. For nightly business report, im robert frank. Still ahead, the republican prescription for health care reform. We said last night, we were going to bring you a twopart series on alzheimers. We didnt think it would end this way. Tonight, instead of exploring eli lillys quest to make a dent in the disease, we have more than dilly and not the disease took the dent. Today came news of test results on lillys experimental alzheimers drug and theyre disappointing. In a final stage trial, the treatment failed to slow the progression of the neurodegenerative disease. Eli lillys outgoing and incoming ceo said the results were not what they had hoped for. You should expect were going to look carefully at these results. That will take weeks or months to really ferret out all of the information in this study that involved more than 2,000 patients, learn everything we can from this trial and go back and apply that to the other Development Programs we have. We have been planning for our future with or without solar for some time. We knew it was a highrisk and highreward program. Were just disappointed with the result. But we have a lot going on beyond alzheimers. Shares of eli lilly fell more than 10 in trading today. A big question facing the Health Care Industry is what Insurance Coverage will look like under a trump white house. On the campaign trail, the president elect said he wanted to repeal and replace the law. Now he says there are parts of it that he likes. But will donald trump buy into the prescriptions republicans have for Health Reform . Bertha coombs takes a look. Reporter republicans have been promising to repeal and replace the Affordable Care act since it was passed in 2010. It is one of the top items on president elect Donald Trumps to do list. But it wont be easy. Especially with more than 20 million americans depending on the aca now for health coverage. The bottom line here is the Trump Administration owns albuquerque for the next two years. Theyre going to have to implement it as it is. Because the kind of replacement plan theyre talking about is so significantly different, you cant just pull the little pieces out of this. Reporter speaker paul ryans a better way plan offers one replacement road map. Our plan gives you more control. Reporter it includes republican proposals endorsed by president elect trump, like tax credits, Health Savings accounts and allowing insurance to be sold across state lines to increase competition. They have stressed they want to have freedom of choice. So as you know, the plans have been very structured as to what they offer and not. Theres a desire to change that, to create more freedom of choice. Reporter ryan and others from the gop repeal the controversial individual mandate, well keeping the popular aca ban on insurers, discriminating against those with preexisting conditions. For those who maintain Insurance Coverage. They drop Health Plan Requirements to cover things like annual screenings and Birth Control to allow more basic plans, but insurers could also charge older, sicker patients, more. And instead of a cadillac tax on expensive Employer Health plans, they would cap how much companies can deduct for those plans. You needed 87 billion, or thats what the cbo projected that you would have from the cadillac tax to pay for many of the provisions in the health care plan. Now with congressman ryans plan, it is essentially a way of reducing the tax level and getting more revenue. Reporter as for those aca plan tax subsidies, a plan by georgia representative tom price, a candidate for health and Human Services secretary, would replace them with tax credits ranging from 1300 to 3,000, depending on your age. Any replacement bill will likely include a transition period. As one consultant notes, with Health Reform, even when you go slow, its a lot easier to mess it up than get it right. Bertha coombs, nightly business report. Juno therapeutics halts a Clinical Trial following two patient deaths. Thats where we begin tonights market focus. The experimental drug was being tested to fight lymphoblastic louisia louisia louisiana leukemia. Juno focus on developing immuno therapies to attack cancer. Shares were punished today, falling 24 to finish at 22. 56. The Farm Equipment maker, deere, gave investors an upbeat. The income in sales fell in the most recent quarter, but not as much as analysts expected. Shares up 11 to 102. 17. And an Investor Group is asking the s. E. C. To look into tmobiles accounting practices. Ctw Investment Group sent a letter to the agency saying tmobile made a significant change to its accounting estimates without giving shareholders an explanation. Ctw alleges the move allowed tmobile to overstate its gap earnings during a specific time period. Shares up a tick at 54. 34. Microsofts 26 billion takeover of linkedin may soon receive clearance from European Union regulators. Thats according to reuters. The eu will approve the deal, as long as it makes some changes to the concessions. Those concessions address competition concerns. Microsoft shares fell 1 to 60. 40 while shares of Linkedin Rose marginally to finish at 194. 92. Facebook reportedly making a push into china, hoping its newly developed censorship tool will persuade the country to let it reenter the market after a sevenyear ban. This according to the new york times, which cited current and former facebook employees. Facebook shares fell a fraction to 120. 84. Oil prices fell slightly today, amid doubts that opec will be able to make sizeable in roads into the global glut of crude. The cartel meets next week. Its a big meeting. And as Jackie Deangelis reports, marketwatchers are somewhat skeptical, as well. Reporter after weeks of uncertainty and volatility in the oil market, opec will final meet next week to set new production targets. Everyone agrees, there is too much oil out there, but they dont agree on how much opec will be able to convince members to cut production. Cnbcs exclusive survey polled analysts, traders and major energy funds to get their latest views on what theyre expecting. More than 70 said they think there will be a deal, but half say they dont think it will be the previously announced 750,000barrel cut. So what will we see . Well, its still unclear. But most of the respondents in the survey said theyre looking for a cut thats bigger. Something along the lines of 1 Million Barrels per day. And the Iraqi Oil Minister seems to be in that camp. Earlier today, calling for a 900,000barrel cut. Opec floated a production ceiling of 32. 5 Million Barrels, just a couple months ago. Right now, we know theyre producing closer to 34 Million Barrels. If they dont cut production by over 1 Million Barrels a day, and im talking 1. 2 Million Barrels, then youre going to see the same oversupply situation in the markets that we had that led to prices in the 30 handle. Managing supply is still the key issue and this could become even more critical. The new Trump Administration eases regulations and makes it easier to ramp up production. During the obama administration, Oil Producers complained about the heavy regulations on that industry. Particularly in the keystone pipeline, as one of them. With a Trump Presidency, he has promised to reduce those regulations, eliminate a lot of them, which means that producing oil will become a lot cheaper and a lot easier. Which means that supplies are going to grow. Meantime, more than 60 say theyre optimistic the supply demand rebalance is happening, but slower than expected. Finally, opinions are split on where well finish the year. More than half still think we could get between 50 and 59 a barrel. The rest think 40 to 49 is more realistic. For nightly business report, im Jackie Deangelis. Coming up, getaway day. Our nations roads, rails and airports ready for the travel rush . A pilot strike could impact holiday deliveries from amazon and dhl. More than 50 pilots who work for the cargo carrier, abx air, walked off the job this week. Abx is owned by air transport service group, which called the action an illegal work stoppage. Amazon and dhl are some of air transports biggest customers. The pilots are protesting staffing and pay levels. A federal jury found that walmart failed to pay hundreds of Truck Drivers in california the minimum wage. The drivers have been awarded 54 million in damages. The lawsuit accused the Worlds Largest retailer of failing to pie drivers for inspecting and washing their trucks and for layovers. Walmart argued the drivers are paid for those tasks. Federal Highway Safety regulators have suggested new guidelines to curb distracted driving. The national Highway Traffic Safety Administration wants smartphone makers to lock out most apps when the phone is being used by a driver. The voluntary guidelines also suggest that automakers should make it easier for their infotainment systems to pair up with smartphones. The thanksgiving holiday rush is on, with almost 50 Million People traveling somewhere over the next five days. It is expected to be the busiest weekend since 2007. Phil lebeau takes a look at whether americas roads, rails and airports are ready for the crush of people getting away. Reporter its getaway day across america. On thanksgiving eve, millions are hitting the roads. Its a great time to travel. I dont want to be here at noon. We thought it was going to be a lot crazier. So far, so good. Ill tell you when i get through security. Reporter aaa estimates 48. 7 Million People will travel at least 50 miles this weekend. Most will drive. But amtrak and airports will also see huge crowds. You know, i wouldnt say this is anywhere near a nightmare. I think its going to be a lot of what travelers typically see over these holiday weekends. You have to also take into consideration the possibility of weather and volumerelated delays. Reporter for the estimated 3. 7 million americans flying, the big concern is whether theyll see long delays at Security Check points. Similar to those that caused thousands to miss flights just a few months ago. The tsa and airlines say theyll have extra staffing and are ready for the busiest times. I think what caused the problems in chicago and minneapolis and a couple other places this past spring, i believe we have seen our way past that. Reporter while we may not like the crowded roads, this is actually a good indication of how Healthy Americas economy is right now. Unemployment is low. Gas is cheap. Averaging 2. 13 a gallon nationwide. And Consumer Confidence is high. Add it up, and theres plenty to be thankful for. Were heading into the tail end of the year here. We see improvements to the economy. We see job growth and we see that consumers are actually gaining more confidence and they are spending more. Reporter there is one thing travelers cannot control this thanksgiving weekend and thats the weather. And while there have been a few storms around the country causing some slight delays, so far, the thanksgiving travel rush looks to be a rather smooth one. Phil lebeau, nightly business report, chicago. And finally tonight, president obama pardoned the National Thanksgiving turkey for the final time. And he wasnt at a loss for turkey pun. I want to take a moment to recognize the brave turkeys who werent so lucky. Who didnt get to ride the gravy train to freedom. Who met their fate with courage and sacrifice and proved that they werent chicken. Well, after speaking, the president met tot, the turkey of clemency, and his backup, tater. Tot flapped his wings as you see there. Obviously not balking at the pardon. The two birds will live at virginia tech, university, whose mascot is the hokey. Another name for turkey, im told. I think that is absolutely correct. That does it for us tonight. Im sue herera. Thanks for watching. Have a great thanksgiving, everybody. Im tyler mathisen. Well see you tomorrow for a special edition of nbr. Announcer the following program contains mature content which may not be suitable for all audiences. Viewer discretion is advised. Phyllis crane, srn, scm. It has been declared to be 100 effective in preventing pregnancy. Daisy theres help, and theres interference. Fetch me my clothes. Mrs. Blacker fetch them theres just been a weather warning on the wireless. Julienne im sure theres no need for us to be alarmed. Morning sister julienne, sister mary cynthia. The midwife is provided by contributions to your pbs stations from viewers like you. Thank you