It's Jim Kramer here. You're listening to the opening bell of CBC squawk on the street.

Don't miss a minute of the action.

Good Monday morning. Welcome to another hour of squawk on the street. I'm Carl Kintania with Leslie Picker and Mike Santoli, live at post-9 of the New York Stock Exchange, David and Sarah, on assignment.

It is an inside day. So far, S&P has managed to hold Friday's low of 5666, but not the NASDAQ, down 2.3%.

It has taken out Friday's level. We'll take you all the way back to October. Yields are definitely lower and the VIX's holding

26. We're about 30 minutes into trading. Here are three big movers we're watching this morning.

Novo Nordisk shares dropping sharply after disappointing data from its next generation weight loss

drug. Exclusive comments from the company's head of development later this hour. Those shares now

down about 8.4%.

Apple delaying its AI improvements for Siri saying they anticipate rollout sometime in the

coming year, City removing the stock from its positive catalyst watch as a result.

Those shares now down about seven, oh, sorry, that's Tesla on the screen that you see here.

We'll talk about Tesla.

Those shares coming off their worst, longest weekly losing streak on record, down nearly 40% since Trump took office, UBS cutting its price target on Tesla to $225 in reaffirming its

sell rating this morning.

You can see those shares now down about 7.8% this

morning. As we said, another sell-off is in focus as stocks come off their worst week in months on

these tariff fears. Financial's seen their worst week since 2003. Semis in a bare market,

the dollar posting its worst week since 2022. Mike, I know you've

been looking for signs that some of this is getting washed out as we approach April, the beginning

of April, and some tariff deadlines. Right in the crucible of the correction, you know, we're down

7% in the S&P in less than three weeks. It always turns to, has it gotten overdone at all

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