Negative impactCompany
Nike shown the way out of S&P 100 after 18 years; here are 4 tech stocks taking its place
CNBC-TV18 1 hr ago·7 Sept 2026, 3:58 am
The S&P 100 index, a benchmark for large U.S. companies, has undergone a major reshuffle. After 18 years, Nike has been removed from the list, replaced by four technology companies: Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk. This change reflects the shifting economic landscape, where technology firms have grown significantly in market value compared to traditional consumer goods companies.
For investors, this move signals a continued tilt toward the tech sector. The S&P 100 is a popular benchmark for index funds and ETFs, so the inclusion of these stocks will likely increase their trading volumes. It also highlights the growing importance of cybersecurity and data storage in the current market.
Investors should watch how these tech stocks perform in the coming months. Their addition to the index may boost their short-term demand, but long-term performance will depend on their business fundamentals and the broader economic environment.
Excerpt from CNBC-TV18
Nike removed from S&P 100 after 18 years, replaced by tech stocks like Dell, Palo Alto Networks, Arista Networks, and SanDisk. Nike's market value fell significantly. BREAKING: After falling -80% from its record high, Nike, $NKE , will be removed from the S&P 100 at the end of this month, ending a near 18-year run in…Read the original at CNBC-TV18
Key takeaways
- Category: Company.
- AI reads the tone as negative (potentially bearish) for the stock.
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