{"id":50621,"date":"2025-07-17T05:08:15","date_gmt":"2025-07-17T09:08:15","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-movers-adm-plunges-on-coca-cola-sugar-shift-oilfield-attacked-in-kurdistan-house-prepares-for-key-vote\/50621\/"},"modified":"2025-07-17T05:08:15","modified_gmt":"2025-07-17T09:08:15","slug":"market-movers-adm-plunges-on-coca-cola-sugar-shift-oilfield-attacked-in-kurdistan-house-prepares-for-key-vote","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-adm-plunges-on-coca-cola-sugar-shift-oilfield-attacked-in-kurdistan-house-prepares-for-key-vote\/50621\/","title":{"rendered":"Market Movers: ADM Plunges on Coca-Cola Sugar Shift, Oilfield Attacked in Kurdistan, House Prepares for Key Vote"},"content":{"rendered":"<ul>\n<li>\n<p><strong>Archer Daniels Midland (<a href=\"\/stock\/ADM\">ADM<\/a>)<\/strong> saw its shares <strong>fall 5.4%<\/strong> in <a href=\"https:\/\/stockmarketwatch.com\/markets\/pre-market\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a> today after President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> announced that <strong>Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>)<\/strong> will begin using real cane sugar in the United States. This move by the beverage giant is expected to significantly reduce demand for high-fructose corn syrup, a key product for ADM, and could reshape the domestic sweetener market.<\/p>\n<\/li>\n<li>\n<p>In a developing geopolitical event, a <strong>drone attack<\/strong> has targeted the <strong>Tawke oilfield<\/strong> located in Iraqi Kurdistan. Officials confirmed the strike, which raises immediate concerns about regional stability and the potential for disruptions to oil production and supply from the area. <em>The incident could lead to increased volatility in global oil prices as markets react to the heightened risk in a critical oil-producing region.<\/em><\/p>\n<\/li>\n<li>\n<p>The U.S. House of Representatives is preparing for a vote this afternoon on a <strong>$9 billion rescissions package<\/strong>, which, if passed, will be sent to President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a>. Democrats have voiced strong opposition, warning that the passage of this measure could have a <strong>&quot;big impact&quot;<\/strong> on the ability to reach an <strong>FY2026 spending deal<\/strong>, potentially leading to fiscal impasses. <em>The outcome of this vote will be closely watched for its implications on future government funding and budgetary negotiations.<\/em><\/p>\n<\/li>\n<li>\n<p>Meanwhile, <strong>Vietnam<\/strong> has announced that its negotiators are continuing discussions with the <strong>United States<\/strong> regarding a new trade agreement. These ongoing talks signify a mutual commitment to fostering stronger economic relations and could pave the way for expanded trade and investment opportunities between the two nations.<\/p>\n<\/li>\n<li>\n<p>On the international front, the Italian Prime Minister has publicly condemned Israel&#39;s bombing of the Latin Monastery Church in Gaza, calling the act <strong>&quot;unacceptable.&quot;<\/strong> This statement underscores the escalating humanitarian concerns and heightened international tensions surrounding the ongoing conflict in the region.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Archer Daniels Midland (ADM) saw its shares fall 5.4% in pre-market trading today after President Trump announced that Coca-Cola (KO) 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