I don't really think Biden or anyone caused the vaccinations to get to 200 million or 5 million jobs added. They have been promoting the vaccine so that may have helped but its the population trying to stay healthy from covid. The jobs being added is a sign we are returning from the pandemic which the vaccine has helped. Its not like anyone has created jobs. There's still many job openings because fewer people want to work.
Wages increasing most likely has to do with a shortage of people willing to work. Business has had to increase wages to try to get people off the couch where they have been collecting free money.
As for the market, who knows but I'm making good money so at this point I don't care!