Block shares soar 10% on entry into S&P 500
It's the second change to the benchmark this week, after S&P Global announced on Monday that ad-tech firm The Trade Desk would be added to the S&P 500. Trade Desk is taking the place of software maker Ansys, which was acquired by Synopsys in a deal that closed on Thursday.
Hess' departure comes just after Chevron completed its $54 billion purchase of the oil producer prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana.
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