Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was up 34.74 points to 15,816.90, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 47.85 points to 23,109.75. The S&P 500 index was down 5.32 points to 2,555.94 and the Nasdaq composite index was down 37.13 points to 6,587.09.The Canadian dollar was trading at 80.25 cents US, up from Wednesday’s average price of 80.09 cents US.The December crude contract was down 43 cents to US$51.83 per barrel and the November natural gas contract was down four cents at US$2.81 per mmBTU.The December gold contract was up $6.70 to US$1,289.70 an ounce and the December copper contract was down one cent to US$3.17 a pound.