Stocks lower, Tesla on deck, Netflix earnings in focus, United Airlines slumps, oil surges

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.Slowing demand and narrowing profit margins will likely compel CEO Elon Musk to expand upon new products and services to boost Tesla profits.

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.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.

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