Markets update at midafternoon

On the markets at midafternoon (ET):In Toronto, the S&P/TSX composite index was down 28.37 points to 15,227.98.The Dow Jones industrial average was down 55.97 points to 22,029.37.The Standard & Poor’s 500 index was down 4.43 points to 2,470.49.The Nasdaq composite index was down 24.50 points to 6,345.96.The Canadian dollar was trading at 78.67 cents US, down from Tuesday’s average price of 78.91 cents US.

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