Mon, Oct 20, 2014, 1:07 AM EDT - U.S. Markets open in 8 hrs 23 mins

Japanese stocks lead sharp Asia rebound as U.S. data reassures

Japanese stocks led a rally in Asia on Monday, after solid U.S. MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.3 percent, while Japan's Nikkei stock average jumped about 3.4 percent, on track to post the biggest daily rise in more than a year and retaking some of the 5 percent it shed in the previous week.