Good Thursday morning.

Welcome to Squawk on the Street.

I'm Sarah Eisen with Carl Cantini and David Faber.

We are live, as always, from post nine of the New York Stock Exchange.

Coming up on today's show, the CEO of $75 billion financial services firm, BNY,

fresh off his latest earnings with his read on capital markets and what he's seeing from customers right now.

Plus, former United Airlines CEO, Oscar Munoz, will be with us on the back of that company's results.

We'll talk airline demand and how the shutdown is impacting travel.

And Salesforce jumping this morning, giving a boost to the Dow. We'll talk about

what's driving the company's new upbeat guidance. First, those of breaking housing data this

morning. For that, we'll turn to Dom 2. Morning, Dom.

Morning, Carl. Good morning, Sarah. So builder sentiment in the single-family housing market

rose five points to the level of 37 in October. That's the NAHB housing market index.

The street was looking for just a one point gain there. Now, October's reading is the highest

since April. The builders this site a slight drop in mortgage rates overall in early October

and the actions by the Fed itself. NHB chairman Buddy Hughes said, quote, combined with anticipated further easing by the

Fed, builders expect a slightly improving sales environment, albeit one in which persistent

supply side cost factors remain a challenge, end quote. Now, of the indices, three components,

the one measuring future sales expectation shot up by nine points to 54,

crossing that 50-point break-even mark for positivity for the first time since last January.

But in a sign of ongoing challenges and issues, builders are citing cutting prices.

The builders also noted that with government shutdown still continuing, the expectation is that

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