Nike (NKE) Leaves The S&P 100 As Tech Takes Its Slot

Nike (NYSE:NKE) is set to be removed from the S&P 100 index after a multiyear market value decline. The vacated slot will be filled by multiple large technology companies, signaling a sector tilt toward tech. The change marks a shift in index leadership away from consumer discretionary stocks like Nike toward technology peers. Consider broadening your watchlist to other sector leaders that may benefit from changing index weights and capital flows through 35 elite gold producer…Read More