Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index is down 26.60 points to 15,138.76.The Dow Jones industrial average fell 44.28 points to 21,585.44.The Standard & Poor’s 500 index shed 3.38 points to 2,455.76.The Nasdaq composite index slipped 4.25 points to 6,310.18.The Canadian dollar was trading at 79.36 cents US, up from Monday’s average price of 78.93 cents US.