Wall Street is still treating the current stock market rally with caution, even after a near 30% or trough-to-peak surge for the S&P 500 over the past three months, as tariff and interest-rate uncertainty linger into the start of the second-quarter earnings season.

History says the S&P 500 could advance 26% in the next year, and most Wall Street analysts see The Trade Desk and Okta as undervalued stocks at current prices.

Wall Street was mixed in quiet trading early Tuesday as markets appeared to shrug off new tariff deadlines for U.S. trading partners.