Markets update at midafternoon

On the markets at midafternoon (ET):In Toronto, the S&P/TSX composite index was down 74.21 points to 15,702.09.The Dow Jones industrial average was down 31.05 points to 22,744.34.The Standard & Poor’s 500 index was down 6.39 points to 2,545.68.The Nasdaq composite index was down 3.54 points to 6,581.82.The Canadian dollar was trading at 79.77 cents US, up from Thursday’s average price of 79.69 cents US.

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