Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Canton here with Jim Kramer, David Faber at the New York Stock Exchange.

Futures are up. Dow is set to join the S&P and NASDAQ at record highs as China cuts tariffs in half on some 75 billion in U.S. imports.

European banks are a standout going green for the year.

Legarde says she sees some signs of economic stabilization.

Ten-year-165 claims fall to 202 ahead of our first jobs report of the year tomorrow.

Our roadmap begins with record watch.

Stock set for a fourth day of gains, all-time highs for the Dow and S-SP within striking distance.

Plus, we've got a tale of two tech movers this morning. Twitter shares, they are soaring on those strong user numbers.

Peloton shares plummeting on a widening loss and slowing revenue.

And no sleep till public mattress seller, Casper, said to make its debut here at the NYSC, pricing at the low end.

Far from unicorn status, the company CEO is going to join us first on CNBC later on this morning.

The February rally rolls on.

The Dow is on track to open it at all-time intraday high a day after the S&P closed at a record.

China says it will cut tariffs on 75 billion

in U.S. products in half follows a similar move by the U.S. following the recent phase one signing.

However, also being seen as a move to boost confidence amid the outbreak of the coronavirus

and the resulting economic impact. Manusians on the tape this morning as well, guys,

saying the U.S. is probably not going to see 3% this year, largely because of Boeing. So a couple

headwinds. Yeah. Look, these remarkable days, I think, have largely been China-related,

on a positive way. China seems to come in every day and do something.

China cutting VAT the other day.

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