Good Wednesday morning. Welcome to Squawk on the Street. I'm David Faber with Leslie Picker. We're live from post nine at the New York Stock Exchange. Sarah is hosting CNBC's Invest in America Forum. That is going on right now in Washington, D.C. Carl has the morning off.

Coming up this hour, first on CNBC interview with Bank of America's CEO Brian Moynihan

this after the company topped earnings estimates, citing a resilient American economy.

We'll also be joined by Apollo's Toursen Slok as the S&P 500 erases all of those losses

that took place as the war with Iran raged.

We're going to, of course, talk about the longer economic impacts of that war.

And we'll have a lot more from our Invest in America forum as well,

including new comments from the Treasury Secretary and that man in the right who runs Apollo,

the large alternative asset manager with a very large insurer as well that Leslie covers pretty closely.

As do you, David, looking forward to those comments.

But first, housing data out just moments ago, Rick Santelli has that for us.

Hey, Rick.

Yes, indeed, Leslie.

This is an April read.

That's an Association of Home Builders Housing Market Index.

We're expecting a number around 37.

And do remember, for most of March and part of April, interest rates were going up.

Only recently have they reversed, probably not caught in a survey.

So it comes in weaker at 34.

Yes, 34.

And the rearview mirror is 38.

So we didn't best expectations were lower and were lower than what we were last month.

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