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Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was down 14.64 points to 14,937.69.The Dow Jones industrial average was down 13.78 points to 21,660.73.The Standard & Poor’s 500 index was up a 0.27 of a point to 2,425.82.The Nasdaq composite index was up 3.52 points to 6,220.04.The Canadian dollar was trading at 79.55 cents US, up from Friday’s average price of 79.45 cents US.