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

Kintanilla and David Faber, live as always from post nine of the New York Stock Exchange.

Stocks kicking off the week in the green. S&P 500 up six-tenths of 1%. The Dow is lagging down 50 points, but the

NASDAQ is up 1%. So clearly the picture is technology in the winning spot to start the week.

Information technology, communication services, utilities, consumer discretionary, and financials,

all positive right now. Energy is the worst performing sector. And if you look at where the

strength is, Nvidia is strong. Some of the chip names arm, for instance, applied materials.

They're all helping the NASDAQ in particular. Energy's trading. So we'll show you that because

the bond market is closed today for Columbus Day. WTI crude down 1.3%. Brent crude, just below $78 a barrel.

We're 30 minutes here into trading.

Here are three big movers we're watching.

Caterpillar, one of the biggest laggards this morning.

Morgan Stanley downgrades the name to sell on what they call mounting risks to

Kat's construction-related business, and the stock is down 2.5%.

Boeing's under pressure after announcing plans to cut 10% of

its workforce. That's about 17,000 people. Remember, the plane maker also warning that it's looking at

much bigger third quarter losses, weaker sales than what Wall Street is expecting. It's also

pushing back the launch of its new wide-body airplane, the triple 7X, until 2026, this all as the machinists are on strike,

which is now entering its fifth week. Also watching InViti, I mentioned it's higher today,

about 3% from, also 3% from another all-time high and also up more than 3%.

Two firms on the street reiterating their buy ratings on that stock.

Shares have rallied more than 170% so far this year.

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