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All it cared about was stimulus and vaccines," said Robert Almeida, portfolio manager and global investment strategist at MFS Investment Management.
Now, "the market will be forced to reorient its attention on micro versus macro," he said.
5. Vaccine rollout
U.S. health officials are trying to speed up the slow pace of Covid-19 vaccinations, after the coronavirus claimed over 4,000 American lives on Friday and employment data showed the pandemic further stifling the job market.
As of Thursday, roughly 6 million people across the U.S. had received a first dose of the two-shot vaccines, accounting for less than one-third of more than 21 million doses shipped to date, according to the U.S. Centers for Disease Control and Prevention.
That number falls far short of the 20 million vaccinations the U.S. government had vowed to administer by the end of 2020 as the pandemic raged largely unchecked with ever-increasing record numbers of infections, hospitalizations and deaths.