Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was down 83.81 points to 15,180.83.The Dow Jones industrial average was down 66.60 points to 21,545.18.The Standard & Poor’s 500 index was down 4.98 points to 2,468.47.The Nasdaq composite index was down 12.44 points to 6,377.56.The Canadian dollar was trading at 79.62 cents US, down from Thursday’s average price of 79.46 cents US.

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