Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was up 8.80 points to 15,091.01, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 90.55 points to 21,934.32. The S&P 500 index down 11.83 points to 2,456.28 and the Nasdaq composite index was down 48.85 points to 6,296.26.The Canadian dollar was trading at 79.10 cents US, up from Wednesday’s average price of 78.75 cents US.The September crude contract was up 27 cents to US$47.05 per barrel and the September natural gas contract was up two cents to US$2.91 per mmBTU.The December gold contract was up $6.30 to US$1,289.20 an ounce and the September copper contract was down one cent to US$2.94 a pound.

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