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Nike issued a memo to executives clarifying that the company remains a constituent of the S&P 500 index.
Nike issued an internal memo to executives clarifying that the company remains a constituent of the S&P 500 index, aiming to dispel market confusion arising from its removal from the S&P 100 index. S&P Dow Jones Indices announced last week that Nike would be removed from the S&P 100 index on September 21.
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