Japanese stocks rebounded sharply in morning trade Tuesday, after their biggest single day rout since the 1987 Black Monday selloff in the previous session.

The Nikkei rallied 9.4% at 34,416.32 as of the midday break, while the broader Topix was up 9.3% at 2,434.21.

The Nikkei was last up 2,957.9 points after rising over 3,000 points earlier in the session, surpassing its largest intraday points gain on record.