Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was up 48.85 points to 15,866.85, after 90 minutes of trading.In New York, the Dow Jones industrial average was up 72.67 points to 23,235.71. The S&P 500 index was up 7.43 points to 2,569.53 and the Nasdaq composite index was up 22.16 points to 6,627.23.The Canadian dollar was trading at 79.33 cents US, down from Thursday’s average price of 80.14 cents US.The December crude contract was up 20 cents to US$51.71 per barrel and the November natural gas contract was unchanged at US$2.87 per mmBTU.The December gold contract was down $5.60 to US$1,284.40 an ounce and the December copper contract was down two cents to US$3.15 a pound. read more