Stocks are firmly in the red after midday tumble. The most important hour of

trading starts now. Welcome to Closing Bell everyone. I'm Sarah Eisen. Here's where we

stand in the market at this hour. Lower across the board, we are

off session lows. The Dow is down a little more than 400 points earlier this

afternoon. It's down 1%. It is the first decline for the Dow in six days.

The S&P and the NASDAQ also given up some of last week's strong gains.

Technology, as you can see, is underperforming there with the NASDAQ down more than

1%. What's working today?

Energy. Oil is popping. It's the same fears that's been dominating lately Ukraine and of course the fed here

are my top takeaways on some of the biggest stories today deal making is alive and

well bircher buying aligheny for 11.6 billion dollars.

Private equity firm, Toma Bravo,

buys Anna Plan, a business software company for

almost 11 billion dollars and a leveraged buyout.

Cole says today it's getting multiple offers.

All of this is a reminder that with all the doom and gloom lately in the markets there's a lot of

cash on the sidelines. The financing market still appears strong enough and

valuations have adjusted. Buyers want in. market still

appear strong enough and valuations have adjusted. Buyers want in, the environment is still ripe.

Canadian Pacific rail workers, the latest to strike as unions have been empowered lately

to demand more amid this surge in job openings in demand.

Canadian Pacific Railroad is also a major transporter of fertilizer and agriculture to and from the

...