Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was down 103.60 points to 15,251.98, after 90 minutes of trading.In New York, the Dow Jones industrial average lost 50.88 points to 21,403.73. The S&P 500 index shed 8.44 points to 2,432.25 and the Nasdaq composite index was down 60.99 points to 6,173.43.The Canadian dollar was trading at 76.99 cents US, up from Wednesday’s average price of 76.57 cents US.The August crude contract was up 56 cents at US$45.30 per barrel and the August natural gas contract was up unchanged at US$3.09 per mmBTU.The August gold contract was down $4.50 to US$1,244.60 an ounce and the September copper contract was up three cents at US$2.71 a pound.