Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 123.53 points to 15,068.07, after 90 minutes of trading.In New York, the Dow Jones industrial average was down 167.43 points to 21,820.13. The S&P 500 index was down 12.26 points to 2,464.29 and the Nasdaq composite index was down 33.32 points to 6,402.02.The Canadian dollar was trading at 81.04 cents US, up from Friday’s average price of 80.71 cents US.The October crude contract was up $1.52 to US$48.81 per barrel and the October natural gas contract was down nine cents to US$2.98 per mmBTU.The December gold contract was up $11.90 to US$1,342.30 an ounce and the December copper contract was up three cents to US$3.15 a pound.

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