10 things you need to know before the opening bell

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Here is what you need to know.

Renault CEO Carlos Ghosn faces arrest in Japan as Nissan ousts him over financial misconduct. Nissan accused Ghosn and another board member of misrepresenting salaries "over many years" and Ghosn of using company assets for personal use.

Apple CEO Tim Cook defended taking billions of dollars from Google to make it the default search engine on the iPhone. The comments come amid concerns that the partnership undermines Apple's no-nonsense approach to privacy.

Facebook comms staffers are reportedly fuming at COO Sheryl Sandberg after they were thrown under the bus over a smear campaign. Last week, a bombshell New York Times report exposed the company's chaotic leadership, after which CEO Mark Zuckerberg blamed the comms team.

Bank of America Merrill Lynch says stocks are ripe for a "flash crash." The firm outlines what final steps must occur for the market to be plunged into widespread chaos.

One Wall Street strategist says the stock market is past the no return. Barry Bannister of Stifel says interest rates have moved past a threshold that was exceeded before the equity bear markets in 2000 and 2008 - and that it's already too late for the Fed to act.

China's former top trade negotiator warns Beijing is hurting itself in Trump tariff battle. Long Yougtu said on Sunday that China has been too politically driven in its talks so far, and should take a more pragmatic approach, focused on the economic realities of the trade war.

Pessimism towards the Australian dollar is starting to lift. Speculative short positioning in the Australian dollar has reduced quite sharply in recent months, according to data from the US CFTC.

NASA will retire its new mega-rocket if SpaceX or Blue Origin can safely launch their own powerful rockets. NASA is building a super-heavy-lift rocket called the Space Launch System to send astronauts back to the moon.

Stock markets around the world are trading mixed. The Shanghai Composite (+0.4%) declined in Asia, while Germany's DAX (-0.1%) led mixed performance across Europe. The S&P 500 is set to open down 0.4% near 2,733.