Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 17.47 points to 15,219.84.The Dow Jones industrial average was up 117.06 points to 21,730.49.The Standard & Poor’s 500 index was up 3.79 points to 2,480.92.The Nasdaq composite index was up 16.66 points to 6,428.83.The Canadian dollar was trading at 79.87 cents US, down from Tuesday’s average price of 79.96 cents US.