Chipmakers are trending higher in the premarket, with NVIDIA (NVDA 220.65, +1.14, +0.5%) poised to recoup a portion of yesterday’s weakness.
Not much has changed regarding the state of talks between the U.S. and Iran, with CNBC reporting that both sides suggest progress has been made, but key differences remain.
Kevin Warsh will be sworn in as Chairman of the Federal Reserve, coming to the helm at a time when the recent surge in oil prices has ignited inflation concerns and shifted the market’s expectations for policy easing.