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