Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 81.78 points to 15,694.52, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 23.23 points to 22,752.16. The S&P 500 index was down 6.58 points to 2,545.49 and the Nasdaq composite index was down 11.26 points to 6,574.10.The Canadian dollar was trading at 79.70 cents US, up from Thursday’s average price of 79.69 cents US.The November crude contract was down $1.45 to US$49.34 per barrel and the November natural gas contract was down five cents at US$2.87 per mmBTU.The December gold contract was up $2.00 to US$1,275.20 an ounce and the December copper contract was down two cents to US$3.03 a pound.

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