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

Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Cantoneo with Jim Kramer and David Faber at the New York Stock Exchange.

Coming off record highs for the major indices, four straight days of gains, maybe a fifth, as futures are higher.

Despite Boeing,

again, lower on news that will halt max production next month. Europe's mostly lower. Ten-year

186, housing starts were good. We're going to get industrial production and jolts on the way.

Our roadmap begins with Boeing, set to suspend 737 max production in January. Shares are lower ahead

of the bell and now in danger of its first

negative year in five years. Plus new highs are in striking distance. Stocks as you saw set for what

would be a muted open after another round of Wall Street records. And the shipping wars, Amazon,

blocking sellers from using FedEx ground for Prime. FedEx does report tonight after the bell.

Let's kick off with Boeing, though.

Now on track for four straight declines, the company confirming it will suspend production

of the max beginning in January.

As regulators make it clear, they will take their time in approving the Jets return to service.

Boeing says its decision is driven by a number of

factors, including the extension of certification into next year. I see Southwest Jim is delaying

a return until April now. That's the second delay in two months. Yeah, they can't get this right.

And throughout this, the thing that people talk about, we speak to large money managers like I do, it's like, well, we can't move that, miss this move to 400.

And this thing gets approved. We can't. So we're going to stand there and buy the stock. We're not even going to let it go under 300. We want every share we can get because it's just a matter of when, not if. My problem with that is, is that it's just the when keeps getting pushed out.

But this stock was down 12 at one point last night, and there came in the buyers.

And these buyers are voracious and relentless as if something fabulous is about to occur.

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