Good Monday morning. Welcome to another hour of squawk on the street. I'm Sarah Eisen with Carl Continia and David Faber live as always from post nine of the New York Stock Exchange.

Stock's kicking off the week in the green. Last full trading week of the year without the holidays. We've got the S&P up a third of 1%. Nasdaq up 6 tenths of 1%. Tech is leading again. It's been a big tech rally

continued, up 63 points right now on the Dow. So broad-based rally ahead of a big week where we have

the Federal Reserve right in the middle. We'll talk about it in a second. Take a look at treasuries

right now and how we are starting. Remember this trend we've seen, firming treasury yields.

They've been higher over the last week,

giving a little lower this morning, the tenure at 3.485%. So there's some buying of treasuries

into this week, data-heavy week as well. We're 30 minutes here into the trading session.

Here are some movers we're watching. Bitcoin hitting a new record high, topping $106,000.

Overnight, crypto-related stocks pushing higher as well. Micro strategy among them, the company being

added to the NASDAQ 100. The stock has surged almost 550% this year. We're going to talk to

Michael Saylor, the CEO next hour. And then shares of Broadcom

continue their big rally up 8% right now. That's on top of Friday's 24% surge. The stock getting

a number of price target hikes this morning on the back of its profit beat and raised guidance.

And Broadcom is now the eighth U.S. company to top $1 trillion in market cap.

Guys, I mentioned the Fed.

That's really what it's all about this week, although we do get a big report on Friday,

which is the Fed's preferred measure, the PCE data on inflation.

We'll get some big earnings as well this week.

Micron, Nike, they're always kind of early and out of cycle to report.

So good tells on the consumer

and on chip demand. As far as the Fed, though, I don't think there's a lot of mystery going

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