"Tech Earnings Surge Lifts Asian Markets Despite China Stock Slump"

1 min read
Source: Reuters.com
"Tech Earnings Surge Lifts Asian Markets Despite China Stock Slump"
Photo: Reuters.com
TL;DR Summary

China shares fell to fresh five-year lows, posting their worst weekly drop in five years despite late-session signs of state support, while blowout earnings at Amazon and Meta buoyed European and U.S. futures ahead of labor-market data. The tech rally looked set to spill over to European markets, with Treasuries eyeing their best week of 2024, and investors awaiting U.S. payrolls data on Friday, which could impact Federal Reserve interest rate decisions.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

92%

85772 words

Want the full story? Read the original article

Read on Reuters.com