Markets update at midafternoon

On the markets at midafternoon (ET):In Toronto, the S&P/TSX composite index was up 58.97 points to 15,044.29.The Dow Jones industrial average was up 264.33 points to 22,062.12.The Standard & Poor’s 500 index was up 26.07 points to 2,487.50.The Nasdaq composite index was up 70.54 points to 6,430.73.The Canadian dollar was trading at 82.44 cents US, up from Friday’s average price of 82.43 cents US.

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