TOKYO — Japan’s benchmark Nikkei 225 share index soared as much as 10.7% early Tuesday, a day after it plunged a near record 12.4%.

The index was up 3,360.39 at 34,818.81 about an hour after trading began. The gains followed sharp losses on Wall Street that were dramatic but not on the same scale as Monday’s debacle in Tokyo.

The Nikkei is now close to the level it was at a year ago.

The Nikkei’s biggest ever percentage gain was 14.2% in October 2008.

Japan’s benchmark Nikkei 225 share index soared as much as 10.7% early Tuesday, a day after it plunged a near record 12.4%.{ai:summary}<p>In the smoky haze of Tokyo's trading floor, the Nikkei 225 rose like a phoenix, clawing back from yesterday's catastrophic plunge of 12.4%. Investors, restless and wary, found a flicker of hope as numbers danced upward, hinting at a recovery.</p><p>With the index flirting with yesterday's lows, the ghosts of Wall Street's turmoil were faint but lingering. Still, the market had danced before and could do so again. #economy</p>

Japan’s benchmark Nikkei 225 index soars more than 10% after plunging a day earlier

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