"Otherwise, the macro narrative is largely the same as before: Despite some discouraging headlines in the last few days, the U.S. Covid outlook remains quite sanguine, with the country on track to achieve herd immunity by the end of April." The S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and 73 new lows. "We're in a little bit of a lull here. The S&P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 42 new highs and 128 new lows. "For the next day or two, (value stocks) will probably be leaders because we have quarter-end and institutions want to make sure that they have exposure to the names that performed well," said Robert Pavlik, senior portfolio manager at Dakota Wealth in New York.
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