Shares of Nike (NKE) are sinking after the athletic apparel company reported fourth quarter revenue that missed Wall Street estimates and cut its revenue outlook for 2025. Meanwhile, all eyes are on markets as the annual reconstitution of the Russell indexes will take place after the closing bell. Tesla (TSLA), Chewy (CHWY), and Trump Media & Technology (DJT) are among Yahoo Finance's trending tickers.

Top guests today include:
3:10 p.m. ET Libby Cantrill, PIMCO Head of US Public Policy
3:40 p.m. ET Will Rhind, GraniteShares Founder and CEO
4:15 p.m. ET Alex Saunders, Citi Research Head of Quantitative Macro Strategy
4:35 p.m. ET Alex Thompson, Axios National Political Correspondent