Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index is down 61.55 points to 15,120.64.American markets are closed today, but yesterday the Dow Jones industrial average gained 129.64 points to 21,479.27.The Standard & Poor’s 500 index yesterday added 5.60 points to 2,429.01.The Nasdaq composite index fell 30.36 point yesterday to 6,110.06.The Canadian dollar is trading at 77.22 cents US, up from Friday’s average price of 77.06 cents US.

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