Bay Street Likely To Open Lower

Corporate Developments - Anglo American Plc. and Teck Resources Ltd. have received regulatory approval from the Government of Canada for their planned merger of equals [3] - Centrica Plc. announced the sale of Spirit Energy Ltd.'s remaining 15% interest in the Cygnus gas field to Serica Energy plc. for approximately 98 million pounds [4] - Sonoro Gold raised $4 million in a non-brokered private placement to advance its projects [4] Market Overview - Canadian stocks are expected to remain in negative territory at open, with the S&TP/TSX 60 index closing at 1,848.00, down 2.44 or 0.13 percent, and the S&P/TSX Composite Index falling 43.95 points or 0.14 percent to finish at 31,483.44 [1] - Asian shares finished lower, European shares are mostly down, and U.S. major averages ended modestly lower [5] Economic Indicators - The U.S. unemployment rate for November reached a four-year high of 4.6 percent, with 64,000 unemployed for the month, compared to 105,000 additions in October [2] - The non-farm payrolls consensus for November was an increase of 40,000, with the unemployment rate expected to rise to 4.5 percent [2] - The U.S. PMI Composite Flash will be announced, with the Services Index consensus at 53.9, down from 55.0 in the prior month [5]