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. U.S. futures rose while oil prices also edged higher. Technology-related shares led the regional climb. On Tuesday, the S&P 500 jumped 1.2% and the Dow Jones Industrial Average climbed 0.7%, and the Nasdaq composite rose 1.6%. A weaker-than-expected report on U.S. business activity helped support the market, keeping hopes alive for cuts to interest rates by the Federal Reserve this year. A flood of earnings reports also dictated much of trading, highlighted by a slew of companies that topped analysts’ expectations.