Video - Business Update: Stocks at 2-month low

Wall Street joined a global sell-off after results from a major U.S. financial company added to worries big losses in the industry could worsen the recesssion. Blue chips dropped 4 percent, a 332-point decline, to 7,949. The S&P 500 tumbled roughly 5.3 percent, or 44 points, to 805. The Nasdaq gave up 5.8 percent, a loss of 88 points, to 1,440.

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