Disappointing news on consumer spending helped pull stocks lower Friday in a quiet end to the market's worst month in more than a year.

Disappointing news on consumer spending helped pull stocks lower Friday in a quiet end to the market's worst month in more than a year.

The Standard & Poor's 500 index closed August with a loss of 3.1 percent while the Dow Jones industrial average lost 4.4 percent. Both had their biggest one-month drop since May 2012.

The Dow Jones industrial average fell 30.64 points, or 0.2 percent, to close at 14,810.31.

The Standard & Poor's 500 index fell 5.20 points, or 0.3 percent, to close at 1,632.97

The Nasdaq composite dropped 30.43 points, or 0.8 percent, to 3,589.87.

For the week:

The Dow lost 200.20 points, or 1.3 percent.

The S&P 500 lost 30.53 points, or 1.8 percent.

The Nasdaq lost 67.92 points, or 1.9 percent.

For the year:

The Dow is up 1,706.17 points, or 13 percent.

The S&P 500 is up 206.78 points, or 14.5 percent.

The Nasdaq is up 570.36 points, or 18.9 percent.