NEW YORK, July 18, 2025 /PRNewswire/ -- Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron Corp. (NYSE: CVX) has acquired Hess Corp in a deal that closed today, July 18.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector | |
July 23, 2025 | S&P 500 | Addition | Block | XYZ | Financials | |
July 23, 2025 | S&P 500 | Deletion | Hess | HES | Energy | |
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