Stocks were mostly lower Friday as investors continued to react to the week's pessimistic economic reports that have caused worries about a second recession. The Dow industrials and the broader Standard & Poor's 500 index posted their second consecutive week of losses. Unemployment worsened in many parts of the United States in July, with 14 of the 50 states reporting rising jobless rates. Eighteen states and the city of Washington saw a decline in their unemployment rates, and 18 states saw no change. July's state unemployment report was worse than June's. The report came one day after a different government report showed the number of people filing initial jobless claims unexpectedly surged to a nine-month high last week. The U.S. dollar rose versus the euro and the yen. Light sweet crude oil for September delivery fell 97 cents to $73.46 a barrel on the New York Mercantile Exchange. Gold futures fell $6.60 to $1,228.80. The Dow Jones industrial average fell 57.59, or 0.6 percent, to 10,213.62. The S&P 500 index fell 3.94, or 0.4 percent, to 1,071.69. The technology-heavy Nasdaq composite index was little changed, rising 0.81 to 2,179.76. Shares of Research in Motion (RIM) fell more than 3 percent after analysts downgraded the BlackBerry maker's stock because the company could lose market share more quickly than previously expected. The downgrade sent the stock price closer to the company's 52-week low.
