Another up and down session here on Wall Street as investors look for direction.

We're currently back in the downswing with the NASDAQ feeling the most pressure.

The most important hour of trading starts now.

Welcome everyone to Closing Bell, I'm Sarah Eisen.

Take a look at where we stand right now in the market.

We're down almost about a percent on the S&P.

You've only got two sectors hanging in there in positive territory, health care and

financials today.

Everybody else is lower.

Utilities, energy, and technology are the bottom performers.

That's why the NASDAQ is down 1.2% right now.

Remember, we've kind of been struggling for a bounce and for direction post that huge sell-off

that we saw two days ago. The worst day of the year for stock, the worst day in more than

two years. Check out the chart of the day today. Adobe, falling hard, it is dragging down tech stocks in the broader Nasdek,

announcing a $20 billion software deal, much more on that story in just a moment.

Also ahead on today's show, we're going to talk to Luke Ellis, the CEO of Asset

Manager, Man Group, biggest hedge fund that trades publicly overseas, more than $140 billion in funds.

He's going to tell us where he's looking for upside in this

very uncertain market. Plus, Kaniy Scraps Gap. We've got the details on the rapper's move

to break ties with the retailer, what it means for Gaps Future Prospect.

Let's get straight though to our top story.

The Adobe Deal and Wall Street's reaction, the tech giant falling hard after announcing

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