Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index is up 28.36 points to 15,248.26.The Dow Jones industrial average lost 44.68 points to 21,352.61.The Standard & Poor’s 500 index shed 2.14 points to 2,432.36.The Nasdaq composite index dropped 15.04 points to 6,221.64.The Canadian dollar was trading at 75.27 cents US, down from Thursday’s average price of 75.52 cents US.