Markets update at midafternoon

On the markets at midafternoon (ET):In Toronto, the S&P/TSX composite index was down 137.74 points to 15,053.86.The Dow Jones industrial average was down 244.73 points to 21,742.83.The Standard & Poor’s 500 index was down 24.19 points to 2,452.36.The Nasdaq composite index was down 80.40 points to 6,354.94.The Canadian dollar was trading at 80.77 cents US, up from Friday’s average price of 80.71 cents US.

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