Markets rise, conditions remain “precarious”

Markets rose on Tuesday.

The S&P 500 rose 0.5 percent, the STOXX Europe 600 rose 0.3 percent and the Nikkei 225 surged 3.1 percent.

Despite the latest rebound in stocks, some analysts remain wary.

“This is a precarious time — stocks have gone a relatively long period without any major sell-off, and there is heightened sensitivity to every utterance from the Fed as it attempts to transition to the start of normalization,” Invesco chief global market strategist Kristina Hooper said in a note.