Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 34.28 points to 15,508.40.The Dow Jones industrial average was up 73.24 points to 22,357.56.The Standard & Poor’s 500 index was up 8.17 points to 2,505.01.The Nasdaq composite index was up 47.82 points to 6,427.98.The Canadian dollar was trading at 80.81 cents US, down from Tuesday’s average price of 80.84 cents US.