Broad swaths of the market, from utilities to industrials to financials, trounced the powerful tech sector in the third quarter.

Key Takeaways Stocks this year have had their best first three quarters of the 21st century, with the S&P 500 up more than 20%.Wall Street will be focused on labor market data and how it could impact future Federal Reserve rate cuts.

Businesses racing to adopt AI applications like ChatGPT have benefited the companies behind the semiconductors needed to power the technology. Still, concerns of excessive euphoria around AI-linked stocks prompted some investors to exit the technology sector earlier in the year,

Cerebras Systems Inc., a maker of chips and other tech infrastructure for artificial intelligence, filed for an initial public offering on Monday, as more startups look to make a name for themselves in a space occupied by tech juggernauts like Nvidia Corp.

Artificial intelligence chipmaker Cerebras Systems on Monday filed for an initial public offering in the United States. Your trusted source for the latest news delivered weekdays from the team at U.S.