Markets were mixed on Tuesday.
The S&P 500 fell 0.2 percent but the STOXX Europe 600 rose 0.8 percent and the Nikkei 225 surged 2.7 percent.
COVID-19 remains a concern for investors, with at least 184,000 new infections reported daily in the US over the past week, according to a CNBC analysis.
“Vaccine distribution has now officially begun … yet the pandemic has reached concerning levels on multiple fronts,” wrote Jason Pride, CIO of private wealth at Glenmede.
Still, some analysts are optimistic.
“The combination of vaccine rollouts, fiscal stimulus, and easy monetary policy continues to create a positive backdrop for equities going into 2021,” wrote Mark Haefele, chief investment officer at UBS Global Wealth Management.
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