Posted AT 1:36 AM EST on 14/10/08
Asia stocks jump after U.S. rally
TOKYO — Asian markets soared for a second day Tuesday, led by a stunning 13 per cent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system.
Japan's benchmark Nikkei 225 index surged 1,127.11 points, or 13.62 per cent, to 9,403.54 by the afternoon— a stunning reversal after plunging nearly 10 per cent Friday.
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