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

Good Tuesday morning and welcome to Squawk on the Street. I'm Sarah Isid with Mike Santoli,

live from post nine of the New York Stock Exchange. David Faber joins us today from the 13D Monitor's

Active, Active, Passive Investor Summit happening in New York City today. More on that in just a moment.

Carl Cantania is on assignment.

Taking a look at futures this morning, we are set up for a lower open. Dow futures down about

100 points after we gained 1% yesterday on the major averages. The S&P futures down 25, digesting

better bank earnings from Bank of America and Goldman Sachs. And hotter retail sales, we're also seeing higher bond yields.

That looks like it's standing in the way of the rally this morning.

Our drone map is going to begin with a slew of corporate results.

Goldman and B of A, both delivering beats.

J&J raises its full-year sales forecast.

And Lockheed Martin says it expects to grow sales this year.

Plus retail sales coming in much stronger than expected.

The 10-year, well, that is rising.

And stocks are on track, as Sarah just told you,

for it looks to be a lower open about 29 minutes from now.

And fresh off reports, plans to see changes at News Corp,

or perhaps at least liking what it means as an investment.

Starboard's Jeff Smith's going to join me this hour, live from the 13D Monitor's Active, Passive Conference, which we cover every year.

Chock full of activists.

We start, though, with Bank of America and Goldman Sachs, of course,

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