Apple’s stock falls toward biggest loss in a month after Apple Watch snag in China,

Apple Inc.’s stock dropped 1.5% in premarket trade Thursday, putting it on track to suffer the biggest decline in a month, amid a broad selloff in the large-cap technology sector. Also weighing on Apple was a report in The Wall Street Journal that the new Apple Watch’s independent cellular connection feature was abruptly cut off in China, without explanation, after a brief availability with one telecom company. The stock’s premarket price decline of $2.36 would shave about 16 points off the price of the Dow Jones Industrial Average , and Dow futures were down 90 points. Futures for the tech-heavy Nasdaq 100 were down 0.6%. Apple’s stock decline would be the biggest since the stock fell $2.68, or 1.7%, on Sept. 21. The stock had climbed 5.8% over the past three months through Wednesday, while the Nasdaq 100 had gained 3.4% and the Dow had climbed 7.0%.

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