The Nasdaq just wiped out all of its losses for 2020--a stunning feat in the aftermath of the coronvirus crisis

The Nasdaq Composite Index on Thursday near the open surged more than 1%, helping the technology-laden index to more than wipe out year-to-date losses that were racked up as the novel strain of coronavirus crushed the 11-year old bull market last March. The Nasdaq was up 1.4% at last check Thursday at 8,974. The rally has been powered by Amazon.com Inc. , Google parent Alphabet Inc. , Zoom Communications , Tesla Inc. , Regeneron Pharmaceuticals and Netflix , which have prospered during the worst pandemic in more than a century.

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