Nikkei 38,000, or Nikkei 28,000? Japan analysts mixed on stock rally

Wage hikes and continued easing seen lifting shares for now, but U.S. poses risk

20230529N stocks

The Nikkei Stock Average ended trading May 29 with its highest close since 1990. (Photo by Shinya Sawai)

Nikkei staff writers

TOKYO -- As Japanese stocks climb to another three-decade high, professional investors surveyed by Nikkei Veritas vary widely on where they expect shares to go, hinging largely on the fate of the U.S. economy.

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