Good Tuesday morning. Welcome to another hour squawk on the street. I'm Carl Kintana and Melissa Lee's in this morning for Sarah Eisenan is on assignment. David Faber here at post-9 of the New York Stock Exchange. Market getting putting a lid, yields are putting a lid on equities for the most part as the tenure gets to 432. Nasdaq is up eight of nine days and we'll look forward to the first of some mag seven earnings tonight with alphabet uh we are 30 minutes

into the trading session a lot of earnings movers up today here are some of the ones that we're watching

this hour shares at d r horton are dropping earnings coming in well below estimates saying interest

rates are keeping buyers on the sidelines enforcing the company give more incentives

f5 networks meantime a top gainer on the S&P, at least eight firms

raising their price targets on this name this morning after strong numbers and an upbeat forecast

there. JetBlue shares plunging earnings beat, but full year revenue forecast missing estimates.

And PayPal also dropping big beat on profit, but revenue falling short of estimates. The Fintech

also giving a weak revenue outlook. That stock is down 6.5%. Getting some jolts and consumer confidence. Let's get

to Rick Santelli. Morning, Rick. Good morning, Carl. Indeed. Jolts. This is September

Reed. We're expecting a number somewhere in the vicinity of 8 million openings, 7,443. And last month was revised.

It came in at 8,040. It's now coming in at 7,861. So this now becomes the lowest re going back to January of 2021, January of 2021.

In terms of the Conference Board, Consumer Confidence numbers, they are coming in, trickling in.

I don't know if there's an issue this morning, but headline number expected to be in the vicinity of 99.5 comes in much, much better than expected. 108.7. 108.7. That ends up being the best

level since January of this year. It's the second best level of the year. And if we look at

present situation, it comes in at 138. 138. That follows 124.3.

That's a blowout number.

That's the best since May of this year.

And finally, what may lie ahead in the form of expectations?

89.1 blows away the rearview mirror at 81.7.

And 89.1, well, that becomes the best level going all the way back to December of 21.

December of 21.

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