Wednesday morning markets update

On the markets at 9:50 a.m. (ET):

In Toronto, the S&P/TSX composite index was up 69.95 points to 16,615.16.

The Dow Jones industrial average was up 129.19 points to 26,912.68.

The Standard & Poor’s 500 index was up 16.26 points to 2,995.89.

The Nasdaq composite index was up 69.26 points to 8210.99.

The Canadian dollar was trading at 76.49 cents US.

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