Dow 's worst week since October 2008

NEW YORK (CNNMoney) – Despite Friday 's relative calm on Wall Street, it was a brutal week for stocks, with investors losing faith in economies and political leaders around the world. The Dow Jones industrial average closed the week down 738 points, or 6.4%, its worst weekly performance since October 2008. All three indexes fell by more than 5% for the week. The S & P 500 (SPX) was down 80 points, or 6.5% for the week, while the tech-heavy Nasdaq (COMP) dropped 139 points, or 5.6%. In a subdued end to the calamitous week, US stocks edged higher Friday afternoon, as investors tried to recover from Thursday 's 3% slide. But the gains were limited as traders remained cautious amid worries about the global economy and Europe 's debt crisis. (Excerpt) Read more at money.cnn.com …