Stock Selling Picks Up Before the Close

Market Performance - The stock market experienced accelerated selling, with the benchmark index declining by 0.6% around 2 p.m. ET [1] - The Nasdaq Composite also fell by 0.6%, while the Dow Jones Industrial Average decreased by 250 points, equivalent to a 0.5% drop [1] S&P 500 and Year-to-Date Gains - Only 39 stocks in the S&P 500 were projected to rise on the day, indicating a broad market weakness [2] - The S&P 500's year-to-date gains have decreased to 16.6%, while the Nasdaq's gains have been reduced to just under 20.6% [2] - The Dow is currently showing a 13% gain for the year, but the recent market slide could potentially diminish the gains for both the S&P and Nasdaq [2]