Nike Dropped From S&P 100 as Four Tech Stocks Move In

Nike exits the S&P 100 in the quarterly rebalance, replaced by four information-technology names—Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk—while Nike remains in the S&P 500. Other leavers include Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive; all replacements come from the IT sector, shifting the index toward chips, cloud hardware and cybersecurity.