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US inflation beats at 3.7%, sparks global tech selloff, Fed hawkish bets
Anadolu Agency EN·US·about 13 hours ago
MarketWatch warns that a Democratic midterm sweep on Nov. 3 could exacerbate the ongoing tech selloff, potentially turning it into a crash. The article suggests policy risks (e.g., antitrust, tax changes) under a Democratic Congress could pressure big tech valuations. Uncertainty centers on election outcome and subsequent policy specifics.