August was a nasty month to be a stock

Today ends the trading month, one that has not been kind to a lot of stocks. With less than one trading session to go in August, the Dow is down 4.4 percent for month, and the S&P is down 2.8 percent. Nasdaq was up a .1 percent, again for the month. Chris Low, chief economist at FTN Financial in New York, evaluates August on Wall Street.