ASX set to jump as Wall Street rallies; Nvidia tumbles amid ‘Chinese spy’ probe; Oil falls

AI Summary

Australian shares are expected to rise after a rally on Wall Street helped recover some of the market’s losses from the previous week. Nvidia fell amid a reported Chinese espionage probe, while oil prices moved lower.

The stock market is rallying and recovering more of its big loss from last week as oil prices swing lower. The strength came even though Nvidia, one of Wall Street’s most influential stocks, sank.