Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 91.01 points to 15,126.32, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 110.82 points to 21,937.88. The S&P 500 index was down 18.45 points to 2,455.57 and the Nasdaq composite index was down 68.32 points to 6,284.01.The Canadian dollar was trading at 78.64 cents US, down from Wednesday’s average price of 78.71 cents US.The September crude contract was up 20 cents to US$49.76 per barrel and the September natural gas contract was up seven cents to US$2.95 per mmBTU.The December gold contract was up $12.40 to US$1,285.40 an ounce and the September copper contract was down two cents to US$2.91 a pound.

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