It's Jim Kramer here. You're listening to the opening bell of CBC's Squawk on the Street.

Don't miss a minute of the action. Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kintanao with Jim Kramer and David Faber post-9 of the New York Stock Exchange. Pre-markets adding to Monday's monster bounds. The president's in Riyad ahead of a big investment summit will We'll have full coverage. NCPI comes in light.

Gasoline and food prices fall 10-year right around 4-4-6 today. Our roadmap begins with stocks looking to build on yesterday's massive rally. Nasdaq's back in bull market territory. Dow exits correction,

and the S&P notches its highest level since early March. Plus United Health shares there down sharply in the pre-market.

The company announces it suspends its 2025 outlook and perhaps as importantly.

CEO Andrew Whittie stepping down through his role.

That's immediately.

President Trump in Saudi Arabia today.

It's the first stop in a four-day trip to the Middle East, his first international trip of his second administration.

Let's begin with the markets in CPI after yesterday's rally.

Looking through some of the categories, Jim, mining for any tariff impact, maybe some in furniture, living room and bedroom furniture?

Right, it seemed that maybe a pull through there, but I was impressed with food at home,

which matters tremendously. It was a very, very good number. Used cars surprised me. I know I went over

the Carvana call, and you could have argued I would have said maybe used cars going to have

a little boost here because of how much new cars cost didn't.

These are very good numbers.

I know initially the bomb market went nuts for it and rates went down and then they kind

of come back up a little bit.

They're down again.

But I mean, I think that you could argue there's room for pal if you had a couple months

of this.

You know, David, these are not numbers that signal stagflation,

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