Stock market news: Opening bell, November 30, 2018

U.S.
President Donald Trump and Argentina’s President Mauricio Macri
meet before the G20 leaders summit in Buenos Aires,
Argentina.
Reuters/Kevin
Lamarque

Here is what you need to know. 

1. 
   Trump says he will be ‘very productive’ at the G20
   summit. President Donald Trump arrived in
   Argentina on Thursday, and tweeted that he has “a
   very busy two days planned,” with the main event being trade
   negotiations with Chinese President Xi Jinping. 
2. 
   Goldman Sachs has some low risk, high reward trading strategies
   to help investors profit from the G20. The
   bank’s derivatives strategy team studied the seven periods of
   volatility surrounding various trade-war headlines this year
   and identified 21 stocks and four sectors where investors can
   make realtively low-risk bets by buying calls. 
3. 
   China’s manufacturing sector hits stall
   speed. The government’s purcashing managers
   index printed 50.0 in November, its weakest reading since July
   2016, and is at a level that shows the sector is neither
   expanding nor contracting, according to data released Friday by
   China’s National Bureau of Statistics. 
4. 
   Floyd Mayweather Jr. and DJ Khaled will each pay big fines
   after illegally touting ICOs. The boxing champ
   Floyd Mayweather Jr. and the record producer DJ Khaled will
   each pay fines of more than $100,000 to settle charges that
   they promoted initially coin offerings without disclosing they
   were paid for it, the US Securities and Exchange Commission
   said on Thursday. 
5. 
   Marriott says 500 million customers had their data
   hacked. The hotel chain announced Friday that
   500 million customers who stayed at hotels including W,
   Sheraton, and Westin as far back as 2014 had their information
   accessed, including an unspecified number who had their credit
   card details taken.  
6. 
   Sheryl Sandburg reportedly wanted to know if George Soros was
   shorting Facebook’s stock. Sandburg, Facebook’s
   COO, reportedly requested opposition research on the
   billionaire and wanted to know if he was shorting her company’s
   stock, after he publicly critcized the social-media network.
     
7. 
   Nintendo Switch sales are on track to miss Wall Street targets
   despite a record-setting Black Friday weekend. The
   Nintendo Switch saw sales jump 115% year-over-year on Black
   Friday weekend, but the video-game maker is on track to sell 35
   million units by March 2019, shy of the 38 million units that
   analysts surveyed by Bloomberg are hoping for.
8. 
   The Tesla of China loses its US CEO. Padmasree
   Warrior, the US CEO of the Chinese electric-car maker Nio, will
   leave the company in December for “personal interests,”
   according to a filing out Friday.
9. Stock markets
   around the world trade mixed. China’s Shanghai
   Composite (+0.81%) led the advance in Asia and Britain’s FTSE
   (-0.7%) trails in Europe. The S&P 500 is set to open lower
   by 0.26% near 2,731.
10. 
    US economic data trickles out. Chicago PMI will be
    released at 9:45 a.m. ET. The US 10-year yield is down 2 basis
    points at 3.01%.