Five things you need to know before the market opens on Wednesday October 18:
1. -- Stock Market Today: Stocks lower as Gaza hospital bombing enflames middle east tensions
Stocks are edging lower Wednesday as investors adopt a cautious stance on risk amid the dangerously escalating conflict between Israel and Hamas and a continued sell-off in Treasury bonds.
2. -- Tesla earnings on deck with margin pressure, FSD licensing, Cybertruck in focus
Slowing demand and narrowing profit margins will likely compel CEO Elon Musk to expand upon new products and services to boost Tesla profits.
3. -- Netflix earnings to highlight password crackdown, actors' strike impact
Netflix is likely to post solid third quarter profits Wednesday, with investors focused on the impact of the Hollywood actors' strike and reported plans for near-term price increases.
4. -- Oil surges as Gaza hospital bombing accelerates concern for broader middle east conflict
While both Israel and Hamas blame the other for a deadly hospital bombing in Gaza, tensions in the regional are threatening to boil over into a broader military conflict.
5. -- United Airlines slumps as fuel costs, Israel flight suspension mutes profit outlook
United posted better-than-expected third quarter earnings, but cautioned the rising fuel costs and capacity limits would clip profits over the final months of the year.
