Technology firms led market gains as the S&P Tech sector hit its highest level since November 2000 and the Nasdaq 100 reached a 14-year high.» Read More
Qualcomm lowered its profit estimate for its fiscal first quarter, citing higher-than-expected legal costs and customer's deferred payment.
At the end of the year, portfolio managers sell stocks to make sure their annual returns look good. Share prices can suffer as a result. CNBC's Bill Griffeth spoke with Greg Zuckerman of The Wall Street Journal about which stocks are ripe for profit taking. He says there’s a profile of the stocks most likely to take a hit.