Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was down 46.43 points to 15,145.17.The Dow Jones industrial average was down 90.23 points to 21,897.33.The Standard & Poor’s 500 index was down 7.52 points to 2,469.03.The Nasdaq composite index was down 22.42 points to 6,412.91.The Canadian dollar was trading at 80.81 cents US, up from Friday’s average price of 80.71 cents US.

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