0851 GMT - The cost of euro credit default protection declines as markets stabilize ahead of Nvidia's earnings report due on Wednesday. The tech giant's earnings are likely to influence market sentiment around AI investments, Tickmill Group's Patrick Munnelly says in a note. "The market's tolerance for anything less than a flawless report is extremely limited," he says. The iTraxx Europe Crossover index of euro high-yield credit default swaps falls 1 basis point to 248bps, S&P Global Market Intelligence data show.