Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was up 9.69 points to 15,275.32, after 90 minutes of trading.In New York, the Dow Jones industrial average was up 16.68 points to 22,032.92. The S&P 500 index was down 2.95 points to 2,474.62 and the Nasdaq composite index was down 7.04 points to 6,355.61.The Canadian dollar was trading at 79.61 cents US, down from Wednesday’s average price of 79.62 cents US.The September crude contract was up 14 cents to US$49.73 per barrel and the September natural gas contract was up one cent at US$2.82 per mmBTU.The December gold contract was down $3.40 to US$1,275.00 an ounce and the September copper contract was unchanged at US$2.88 a pound.

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