Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 8.14 points to 15,617.80.The Dow Jones industrial average was down 18.24 points to 22,322.47.The Standard & Poor’s 500 index was down 1.33 points to 2,505.71.The Nasdaq composite index was down 16.96 points to 6,436.30.The Canadian dollar was trading at 80.23 cents US, down from Wednesday’s average price of 80.57 cents US.

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