Markets update at midmorning

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On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 3.53 points to 15,451.39, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 24.64 points to 22,334.59. The S&P 500 index was down 1.64 points to 2,498.96 and the Nasdaq composite index was down 6.14 points to 6,416.55.The Canadian dollar was trading at 81.30 cents US, up from Thursday’s average price of 81.04 cents US.The November crude contract was up six cents to US$50.61 per barrel and the October natural gas contract was up one cent to US$2.96 per mmBTU.The December gold contract was up $5.80 to US$1,300.60 an ounce and the December copper contract was unchanged at US$2.93 a pound.

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