Early Update: Equity Markets Flat and Frozen & Commodities Broadly Lower

11:55 a.m. ET There’s a negative bias in early trading, but true to this week’s form, there’s not a lot of conviction. The equity market is frozen in wait-and-see mode ahead of the FOMC minutes from the May 1 meeting (this afternoon at 2 p.m. ET), and NVIDIA’s earnings report after the close. Many Commodities…