Sima Shaw News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Are watching cnbc. Good morning and welcome. We are keeping a close eye on the rally in airline stocks. You can see hear the industry reaching the Biggest Airlines in america up 5 to 7 to 8 this morning in trade. The dow would open down by about 358, s p losing about 45, implied. The nasdaq down by 104, 105 if these future losses hold into regular trading after the opening bell 9 30 eastern time today. This is after a broad rally where the dow dropped to 560 points and the nasdaq capping the first fourday winning streak since early february. In the bond market, we are seeing a bit of movement ...

flying over the black sea. this is video of the type of reaper drone that went down. white house officials say that the russian move over international waters is the kind of thing that could spark a dangerous escalation between super powers. >> it could lead to m miscalculations between, you know, two militaries that are operating not obviously in ukraine together but certainly in proximity in the region. and we don't want to see the war escalate beyond what it has already done to the ukrainian people and so this is clearly -- this was inappropriate, unsafe, unprofessional conduct by...

Start to be exhausted. so actually a lot of the cushion will start to run out. and so this is all adding to that impression that although things have been very good to this point, you are seeing a lot of those challenges pick up. probably that is what is likely to tip the u.s. economy into a very mild recession. but unfortunately, it is still to come. >> all right, sima shaw with a very mild recession call. thank you so much. deadline day for donald trump. will he make his case in the special counsel january 6 probe or wait for the grand jury to act. and a powerful tornado touching down in...

But it was a positive day in u.s. stocks yesterday. the nasdaq gained more than 2%. the dow snapping a five day losing streak. wall street taking a deep breath after regional bank stocks rebounded. and february's cpi report showed annual inflation eased, though it is still uncomfortably high. prices cooled for the eighth consecutive month. gas prices held steady at $3.47. and the big event today, retail sales number and factory level data due out this morning. i want to bring this chief global strategist at principal asset management sima shaw. and the entire industry is on watch here essent...