Markets update

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On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 50.31 points to 15,792.51.The Dow Jones industrial average was up 37.73 points to 22,878.74.The Standard & Poor’s 500 index was up 2.40 points to 2,553.33.The Nasdaq composite index was up 14.46 points to 6,605.97.The Canadian dollar was trading at 80.18 cents US, unchanged from Thursday’s average price of 80.18 cents US.

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