Good Tuesday morning. Welcome to another hour of Squawk on the Street. I'm Sarah Eisen with Carl

Continuia and David Faber live, as always, from post-9 of the New York Stock Exchange.

Stocks are given a little back today coming off of record closes for the S&P 500. There is unchanged

because you do see pockets of strength under the hood. Communication services, utilities, and

technology. All higher today, everybody else is lower. Industrials are bringing up the rear here in the hood. Communication services, utilities, and technology all higher today. Everybody else is lower.

Industrials are bringing up the rear here in the market, but only down a half a percent. The

NASDAQ is a little bit positive right now. We today were up 1 percent because yesterday was such a good

day. Take a look at treasuries right now. We're going to get some data here in just a moment.

We started the week selling treasuries with yields a little bit higher, back and down a little bit today. Look at the 10-year yield. It's below 4.2 and the two-year yield also below 4.2 as well. Joltz is the big data point of the morning. Let's get it from Rick Santelli. Morning, Rick. Good morning, Carl. And even though rates are definitely down for more they were pre- Thanksgiving, they're

moving up a bit on the jolts for October because instead of $7 million and a half, we're at $7,744,000,

a bit higher than expected.

In the rearview mirror, last month, was downgraded 7.443 million to 7.372. Why is that

important? Because whether it was revised or not, both numbers remain at near four-year lows,

going back to January of 21. But we have lifted from that level a bit. And how does the current

read of 7.744 million stack up?

It comes to August when we're at $7.8 million,

but it does break that kind of big drop that we had last month.

If you look at yields, they have moved up a bit,

but do remember, we're still way below some of the levels.

Just think it was about

14 sessions ago. Ten year was trading an intraday high of four and a half percent. A lot going

on in the world, Carl. We want to watch that Chinese currency. The onshore right now is at a one-year

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