With Moody’s lowering ADM's credit outlook due to accounting issues, how is this expected to impact ADM's stock and the broader market today? Please provide any projected percentage changes and key factors driving this movement, including investor reactions and potential implications for credit markets ?

**Moody's lowering Archer-Daniels-Midland's (ADM) credit outlook due to accounting issues is expected to have a negative impact on ADM's stock and the broader market today.** 1. **Projected Percentage Changes**: - ADM's stock (ADM) is expected to decrease by 0.69%. - The S&P 500, which includes ADM and is influenced by the company's performance, could potentially be affected, although the direct impact is less certain. 2. **Key Factors Driving the Movement**: - **Accounting Issues**: The discovery of additional accounting errors in ADM's earnings statements, on top of previous scandals, erodes investor confidence in the company's financial reporting and management practices. - **Moody's Action**: Moody's lowering ADM's credit outlook from "stable" to "negative" indicates a potential downgrade in the future, which can lead to higher borrowing costs and reduced access to capital for the company. - **Investor Reactions**: Investors may react negatively to the news, leading to a sell-off in ADM's stock as they adjust their expectations for the company's financial performance and risk profile. - **Broader Market Implications**: The credit market is a key indicator of the overall health of the economy, and issues with ADM's accounting could signal broader concerns about corporate governance and financial reporting across the market. 3. **Potential Implications for Credit Markets**: - **Credit Market Sentiment**: The incident could lead to a broader reassessment of corporate governance and financial practices, potentially causing a shift in investor sentiment towards more stringent standards. - **Credit Ratings**: Other credit rating agencies may review their assessments of ADM and similar companies, potentially leading to similar downgrades or warnings. - **Market Volatility**: The event could contribute to increased market volatility as investors adjust to the new information and its potential implications for the broader economy. In conclusion, the combination of Moody's action, accounting issues, and potential implications for credit markets is expected to lead to a negative sentiment towards ADM's stock, with the possibility of a projected percentage decrease of 0.69%. The broader market could also be influenced, particularly if similar issues are identified in other companies, leading to a reassessment of corporate governance and financial practices.