What recession? America's banks reveal few signs of trouble

If a recession were to arrive in the United States, there would normally be evidence of pain at America's biggest lenders. But so far, top banks aren't seeing major signs of weakness, even as they admit they're bracing for tougher times ahead.

News: What you need to know about the markets     What recession? America's banks reveal few signs of trouble If a recession were to arrive in the United States, there would normally be evidence of pain at America's biggest lenders. But so far, top banks aren't seeing major signs of weakness, even as they admit they're bracing for tougher times ahead. Read more »   Toys 'R' Us is coming back. Soon, it'll be almost everywhere Once left for dead, Toys "R" Us is making a major comeback. The toy store brand will be just about everywhere for the holidays. Read more »   China scrambles to diffuse alarm over mortgage boycotts and banks runs China is trying to ease panic over two of the biggest issues threatening social stability in the country—mortgage boycotts and frozen bank accounts. Read more »   Goldman Sachs still rules Wall Street: Earnings blow away forecasts Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and revenue Monday morning for the second quarter that easily topped analysts' forecasts. Read more »   Europe braces for a potential gas crisis as historic heatwave boosts demand Europe is bracing for the potential of a full-blown gas crisis later this week just as an historic heatwave has hiked demand for energy to help cool the continent's homes and businesses. Read more »   Netflix is in rough shape. This week will determine its future Netflix, once a darling of Wall Street, is suddenly on the ropes. Read more »

Dow Nasdaq S&P -215.65   -92.37   -32.31 31,072.61   11,360.05   3,830.85 -0.69%   -0.81%   -0.84% YTD -14.49%   YTD -27.39%   YTD -19.62%

Biggest Winners Freeport-McMoRan Inc +6.20%   Carnival Corp +5.12%   Norwegian Cruise Line Holdings Ltd +5.00%   Royal Caribbean Cruises Ltd +4.88% Biggest Losers Progressive Corp -4.99%   Bio Rad Laboratories Inc -3.69%   Danaher Corp -3.41%   Thermo Fisher Scientific Inc -3.36%

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Key Market Stats Latest Today's Change Oil $102.09 +4.50 / +4.61% Gold $1,707.30 +3.70 / +0.22% 10-yr 2.96% +0.03 Euro $1.01 +0.00 / +0.44%

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