Posted 10/18/2023, 11:06:05 AM
Stocks Fall as Middle East Tensions Rise; Tech Earnings from Tesla, Netflix Awaited
- Stocks opened lower as Middle East tensions rose, sending oil prices up.
- After the bell, Tesla and Netflix lead out big tech earnings.
- Morgan Stanley profits dropped 9% as investment banking and trading revenue fell.
- ASML warned of flat sales ahead as customers slow orders due to economic uncertainty.
- Stock futures fell amid growing Middle East tensions as investors awaited tech earnings from Netflix and Tesla.