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Markets Update

In early trading:

In Toronto, the S-and-P T-S-X composite index was down 42.77 points to 22,305.10.

In New York, the Dow Jones industrial average was down 234.77 points to 39,436.37.

The S-and-P 500 index was up 3.13 points to 5,306.87.

The Nasdaq composite index was up 84.03 points to 16,883.93.

The Canadian dollar was trading at 73.07 cents U-S compared with 73.13 cents on Wednesday.

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The Canadian Press