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The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
-6.44% closed: 2024-11-07
Archer-Daniels-Midland shares ended down 6% on Tuesday after the global grains merchant cut its 2024 profit outlook and said it would amend previous financial statements due to the discovery of fresh accounting irregularities
-5.94% closed: 2025-02-22
ADM’s profit has eroded amid slow demand and a global glut of staple crops like corn and soybeans, which it buys, sells, processes and ships around the world. Prices of both crops hit four-year lows in 2024 as global stocks of the food staples ballooned to multiyear highs, pressuring margins.
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Price Drops
-8.95% closed: 2025-04-12-6.44% closed: 2024-11-07
Archer-Daniels-Midland shares ended down 6% on Tuesday after the global grains merchant cut its 2024 profit outlook and said it would amend previous financial statements due to the discovery of fresh accounting irregularities
-5.94% closed: 2025-02-22
ADM’s profit has eroded amid slow demand and a global glut of staple crops like corn and soybeans, which it buys, sells, processes and ships around the world. Prices of both crops hit four-year lows in 2024 as global stocks of the food staples ballooned to multiyear highs, pressuring margins.
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