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Jack Dorsey-led Block set to join S&P 500 index in new milestone, to replace Hess
Jack Dorsey’s Block Inc. is set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s $53 billion acquisition of the energy producer. The changes will go into effect prior to the start of trading on July 23, according to a press…
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