Judging from relative outperforming in the bounce for the NASDAQ to the DJIA and S&P, it appears that investors are repositioned in fundamentally strong tech stocks such as AMZN while remaining hedged in safe haven assets such as T-notes.
Moving forward, the market will likely continue to reward stock picks of fundamentally strong tech stocks with "lockdown" theme (e.g. NFLX, ZM, AMZN) instead of simply buying the index.