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

Good Tuesday morning and welcome. Excuse me to Squawk on the Street. I'm Sarah Eisen with Scott Wapner today.

We are live from Post 9 of the New York Stock Exchange. Carl Jim and David have the morning off.

Take a look at Futures this morning. Looks like the rally continues after eight straight weeks.

Going strong here. Up to 62 points on the Dow.

NASDAQ pointing to an upstart as well.

24 points, S&P, up eight in the early action.

Our roadmap for the hour is going to begin with the market rally.

Major indices in the midst of an eight-week wind streak.

Also ahead, shipping giant Maersk preparing to resume operations in the Red Sea after

attacks by rebels in Yemen. Plus, a setback for Apple, the White House declining to veto a U.S.

Trade Tribunal's decision to ban imports of the company's watches. We begin, though, with the markets

as we kick off a holiday shortened week. It has been amazing to see the resilience and the strength of this

rally, Scott. Even, you know, the strategists all put out their S&P year-end targets for 2024, what,

a month ago. We're close to that. Yeah, they have to throw those out and the garbage. Right.

Because of what we've done since November 1st. It's pretty stunning. Dow's up 13% since November 1st.

S&P's up 13.5%. Now we're going to talk about all-time high watch because we're going to

open above the all-time closing high for the S&P 500, which was 4796. So keep an eye there as the

futures look positive. The intraday all-time

highs 4818. But the run since November 1st has been nothing short of stunning. And it's really

Fed-fueled, right? And you've seen it in the bond market, too. The rally in the bond market,

100 basis point move lower in the 10-year yield. We're also breaching all the targets for next

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