Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by strong gains for semiconductor makers.

U.S. futures rose while oil prices edged higher.

Japan’s benchmark Nikkei 225 gained more than 900 points to close at 38,460.08, its highest level in a month.

Shares in computer chip company Renesas Electronics Corp. jumped 10.5%, while rival Tokyo Electronic surged 7.1%.

Investors are watching to see how Japan's central