It is the deadliest engine of destruction in the american arsenal, able to carry almost 200 Nuclear Warheads atop the missiles loaded beneath those hatches. If this boat were a country, youd be a nuclear power. Thats true. Yes, sir. Martin theres a new cold war brewing between the u. S. And russia, and tonight, youll see what it looks like from inside Strategic Command headquarters. Holly williams in the remote hills of eastern china, this is a Magic Kingdom that not even up. Its called hengdian world studios, and at over 7,000 acres, its the largest film lot on the planet. Youre going to use hollywood directors, hollywood stars. Yes. Williams. To make english language films to compete with hollywood . Yes. Williams and make global blockbusters . Yes. I think well be doing it in the im steve kroft. Im leslie stahl. Im Bill Whitaker im david martin. Im scott pelley. Those stories, tonight on 60 minutes. Cbs money watch update sponsored by club good evening. Fuel supplies in five states
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon, hess, occidental. United technologies announced the chairman and ceo is retiring, effective immediately. Ill tell you whats next for the company, who the new ceo is and ask questions. Not sure we have a lot of the answers. Lets get to the markets. For a sixth consecutive week of gains. The 45th record close of the year, the dow its 28th, nasdaq, as we told you, new 14 1 2 year high, 6 out of 10 s
Confidence number in 11 years. Thats how the market rebounded. Climbing 191 points s p vaulting 1. 34 and nasdaq 1. 39 . Yep, you needed to see oil stabilize. Buy buy buy. And see the consumer final recognize that gasoline is not going back to 4 and change any time soon. To encourage buyers to take advantage of the incredible bargains that this seemingly endless selloff has created. It doesnt hurt that for a day we didnt get earnings disappoints, a bunch of regional banks last managed to not stink up the joint with their awful numbers. And the oil service giant made us feel its not the end of the world for its clients. We know the market is only as good as the last company has spoken and thats why the game plan for next week is more important than ever the brief res pit or the start of Something Real that we certainly deserve. Lets start with monday. Its Martin Luther king day. Markets are closed monday but rest of the world rages on. I think were going to have significant numbers come
Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew speaking at the conference. Among the other power players attending, gm ceo mary barra, actress and entrepreneur jessica alba, a. Mex ceo. Well bring you those interviewing throughout the day. Acquired a 5. 1 stake in staples. The hedge fund has also boosted its holdings in office depot. Its move to call for a merger of these two companies. Economic data on the calendar today will get claims. The
Hope you had a wonderful lunch into our great cspan ideas, here is what is going on at the National Constitution center today the most exciting bill of rights day in memory. Today, december 15th is the 223rd anniversary of the bill of rights ratification and the 225th anniversary of its proposal and this is the day that we at the National Constitution center open a new gallery, displaying one of the 12 original copies of the bill of rights along with rare copies of the declaration of independence and the Constitution Center. I should say i am just rosen which has her hearty audience knows, because it introduced two times already is the only institution in america chartered by congress to disseminate information about the u. S. Constitution on a nonpartisan basis. We had the idea of summoning the best constitutional thinkers in america from the left and right on all sides of the political spectrum have written the most interesting books about the constitution for the Constitution Center