Good Monday morning.

Welcome to Squawk on the Street.

I'm Sarah Eisen with Carl Kintania and David Faber.

We are live, as always, at post nine of the New York Stock Exchange.

The Dow hitting a record high and oil prices plunging after the U.S.

and Iran reached a peace framework.

But former Trump Defense Secretary, Mark Esper, says the deal doesn't actually end the war.

He'll join us to explain.

Plus, SpaceX trading higher again this morning after the nearly 20% gain in Friday's historic debut.

We'll talk to an analyst who says the stock is still a buy.

And details behind Anthropics' extraordinary move to disable access to

certain models after a national security warning from the U.S. government will get into all of that.

Let's get some NHB first with Diana. Morning, Diana.

Carl, homebuilder sentiment in the market for single-family homes dropped two points to 35 in June, according to the

National Association of Home Builders. That's a miss. The street was looking for unchanged. The

builders note this is the 14th straight month with sentiment below 40, which we haven't seen since

2011, 2012 during the foreclosure crisis. Anything under 50 is considered negative last year when interest rates were

slightly higher, sentiment stood at 32. Now, of the indexes three components, current sales conditions

fell two points to 38, buyer traffic was unchanged at 25, and future sales expectations also

unchanged at 45. The survey showed 35% of builders cut prices in June. That's up from 32% in May.

The use of sales incentives overall was 62% up slightly from 61 in May,

and marking the 15th consecutive month this share has reached 60% or higher.

...