Nasdaq, S&P 500 Hit New Highs As Social Media Stocks Sparkle; These China Stocks Suffer Massive Losses

Nasdaq, S&P 500 Hit New Highs As Social Media Stocks Sparkle; These China Stocks Suffer Massive Losses

The stock market closed higher as the main indexes extended their win streaks to four days. The Nasdaq and S&P 500 made all-time highs.