(Updates to close of U.S. trading) 

  * Stock markets tumble as tech stocks sell off 

  * Inflation angst lingers across assets 

  * Commodities take breather after rapid rise 

  * Global asset performance http://tmsnrt.rs/2yaDPgn 

  * World FX rates http://tmsnrt.rs/2egbfVh 

  By Koh Gui Qing 

  NEW YORK, May 11 (Reuters) – U.S. stocks hit a one-month low on Tuesday as speculation that rising inflation pressure could prompt interest rate hikes sooner rather than later dragged on shares and hobbled the dollar, which hovered near a 2-1/2-month low. 

  Technology stocks were among the biggest losers, mirroring a sell-off in China, where talk of tighter regulation sent technology shares skidding. 

  But U.S. shares clawed back some of their losses over the course of the day, with the tech-focused Nasdaq Composite reversing the bulk of its early 2% decline. 

  Investors said the snap back in shares suggested that…

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