Morning Bid: Nvidia, Nikkei knocked – China dodges deflation

Wall Street's most bizarre reaction to the relatively benign U.S. employment report on Friday was a late selloff in stellar Nvidia – the artificial intelligence poster child that's almost doubled in price again this year. Although many dismissed Nvidia's late 5% recoil as merely overdue profit taking on its latest near-90% surge so far this year, the stock fell another 1.5% overnight before recovering that ahead of Monday's bell. Hardly a game changer in itself, but Nvidia has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform.