Market moving insight and analysis.

Join Jim Kramer, David Faber and me, Carl Kintanilla, on the opening bell hour of CNBC Squawk on the Street. Good Tuesday morning. Welcome to Squawk on the Street. I'm David Faber with Jim Kramer. We're live from post 9th of the New York Stock Exchange. Carl Kintania is in Paris, of course, at the Olympics. Let's give you a look at futures. We get started with trading one half hour from now.

Very different picture this morning than it was 24 hours ago. But frankly, a bit of a muted

rally at this point. Our roadmap does begin, of course, as you might expect, with the markets

after that major sell-off yesterday. Stocks are looking to bounce back after their worst day since September,

2022.

Caterpillar doing its part to aid the market rebound.

Those shares were up sharply on earnings that came in above analyst's consensus.

Plus, a federal judge rules Google broke antitrust law,

that it is an illegal monopoly when it talks about online search.

The Justice Department's antitrust chief, Jonathan Cantor, is going to join us live in a first on CNBC just a few moments from now.

But let's start with the markets, of course, after that global sell-off, turned to Jim.

Again, we are looking up. Japan came back dramatically, though not making up for all of the losses.

And yet there still is sort of a sense, I think, of unease, I think. What I'm hearing is there's still a sense of unease amongst investors, as you might expect,

given all the cross currents we've been hearing lately.

Absolutely. I mean, in favor of a bottom is the fact I saw a lot of TV trucks out there.

That tends to be the local news tends to get it wrong. Against it and why I think things go lower, is that, frankly, other than the so-called Japan carry trade,

there seem to be a lot of a lot of hedge funds on the wrong side of things.

And yet the confusion comes from the fact that almost every quarter that's been reported

in last 24 hours is very strong.

So because there's so much confusion, confusion does not be buying.

Confusion reads, sell it. So I am therefore concerned that we

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