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Wall Street’s main indexes retreated on ?Tuesday, ?pausing a two-day rebound in tech shares, after a hotter-than-expected October inflation reading reinforced fears that the Federal Reserve could keep interest rates higher for longer. US consumer prices increased more than expected in October, rising 0.4% from the previous month, pushing the US 2-year ?yield up 21.4 basis points for its biggest one-day jump since April last year. “Markets had been pricing out some of the Fed tightening in recent weeks. Now it’s probably being forced to contemplate a bit more tightening,” said James McCann, senior economist at Edward Jones. Traders are…
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