S&P 500 ESc1 futures fell as much as 4.7% to 2,610 points, near the daily downlimit of 2,601 points.
BOSTON: Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of anxiety over the biggest December stock market rout since Herbert Hoover was president. “I have not looked at my numbers. I’m afraid to do it,” said Farrington, who recently moved to Charleston, South Carolina, from Boston. “We’ve been conditioned to stand pat and not panic. I sure hope my advisers are doing the same.” Retirees are worrying about their nest eggs as this month’s sell-off rounds out the worst year for…
WASHINGTON DC: Global smartwatch sales slid 51.6 percent in the third quarter, amid a steep decline for the Apple Watch ahead of its updated device, a market tracker said Monday. The IDC survey said total smartwatch volumes were 2.7 million units, less than half the level of a year earlier. Apple, the largest smartwatch vendor, saw its sales down 71.6 percent. But IDC analyst Ramon Llamas said the decline is not as ominous as it appears — because many consumers were waiting for the new version of the Apple Watch and…