Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 14.45 points to 15,468.68.The Dow Jones industrial average was down 15.03 points to 22,334.56.The Standard & Poor’s 500 index was down 2.38 points to 2,499.84.The Nasdaq composite index was down 32.85 points to 6,394.07.The Canadian dollar was trading at 81.16 cents US, down from Friday’s average price of 81.19 cents US.