Nike Exits S&P 100 As Four Tech Stocks Move In

Nike will leave the S&P 100 on September 21, while Dell Technologies, Palo Alto Networks, Arista Networks and SanDisk join the index from the S&P 500. S&P Dow Jones Indices confirmed the quarterly rebalance, according to BeInCrypto, and said Honeywell Aerospace, Simon Property Group and Colgate-Palmolive will also exit as the benchmark tilts further toward chips, cloud hardware and cybersecurity. Nike remains in the S&P 500.