Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 1.97 points to 15,267.60.The Dow Jones industrial average was down 12.80 points to 22,003.44.The Standard & Poor’s 500 index was down 3.62 points to 2,473.95.The Nasdaq composite index was up 0.55 of a point to 6,363.19.The Canadian dollar was trading at 79.45 cents US, down from Wednesday’s average price of 79.62 cents US.