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

Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kintanao with Jim Kramer and David Faber of the New York Stock Exchange.

We're coming off the worst day since August for the Dow, but futures are up as China stocks reopen.

And the central bank there adds

the biggest cash injection since 2004. Shanghai did close down nearly 8%. Oil this morning below 52,

gold got within $2,600 overnight. Our roadmap begins with the market bounce back. Stocks

do point to a higher open after Friday's 600-point route, despite the Chinese suffering their biggest

declines in years.

Plus virus fears, coronavirus claiming now more than 360 lives, more than 17,000 confirmed

cases worldwide.

And the question, of course, for the markets is just how fast could this spread around

the world and hurt the world economy.

And Facebook's CEO preparing for a backlash what the social network is now planning and why Mark Zuckerberg says it's going to, quote, piss a lot of people off.

Stocks are looking to recoup some Friday's big losses.

The market impact of the coronavirus was evident in China overnight.

The first trading day since the New Year holiday,

Shanghai closed down nearly 8%, wipes out nearly 400 billion in market value. In the U.S., though,

Friday selloff dragged the Dow and the S&P into negative territory for January. The NASDAQ,

Jim, still up about 2% for the year. But everybody's talking about the degree to which China has shut down and how

responsible they are for global growth. Yeah, man, I think that I was down to the Super Bowl,

fortunately, and you speak with, you know, they have a lot. The CEOs really gravitate toward

them. And the CEOs, I talked to, not one, felt that it was so-called buying opportunity,

...