Stocks Muted Before the Open as Investors Digest Nvidia Earnings, U.S.-Iran Talks in Focus

Kansas City Fed President Jeff Schmid on Wednesday repeated his concerns about inflation but stopped short of outlining how monetary policy should respond. “I think we have work to do on the inflation side of things,” Schmid said. “I think we’re in a pretty good place for employment,” he added. Also, St. Louis Fed President Alberto Musalem said he believes the current U.S. policy rate setting appropriately balances prevailing economic risks.In yesterday’s trading session, Wall Street’s three main equity ben ...