Good Monday morning again. Welcome to another hour of Squawk on the street. I'm Sarah Eisen with Scott Wapner today, live of post-9 of the New York Stock Exchange. Carl and David have the morning off.

stocks are higher for the most part at least the S&P and the NASDAQ are up S&P just went flat to negative it's been a tech outperforming day and that's

why the NASDA remains higher thank you broadcom and video Tesla's up again

meta AMD some of the biggest winners of the year. Apple is also

in that group, but most of the rest of the sectors right now are a little bit lower. I'm

looking at staples, utilities, energy, industrials, they're all weaker this morning. That's

why the S&P 500 is wavering around the flat line.

Treasuries have been a big story. Higher treasury yields, potentially standing in the way of equity

gains. And they're higher again today, 455 on the 10-year, the two-year of 4.3 after that hawkish

cut we got from Fedshire Powell last week. Outside of the markets, within the last hour,

Luigi Mangione, the man accused of shooting United Healthcare CEO Brian Thompson,

arriving at a Manhattan criminal courthouse. He pleaded not guilty to 11 charges,

including first-degree murder in furtherance of terrorism. We'll keep certainly our eyes on that

developing story throughout this day as well,

but these were pictures from within the last hour here in Manhattan.

We are 30 minutes now into the trading session. Here are some big movers we are watching.

Honda and Nissan officially beginning merger talks to create the world's third largest automaker

with the CEO of Honda saying that if the deal does go through,

the merged group has the potential to deliver revenue of roughly 190 billion U.S. dollars.

It's certainly been helpful to Nissan shares in the past week or so.

Novo Nordic shares rebounding following Friday's big slide.

It was down 20%.

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