ASX 200 down 0.7%: BHP & Fortescue tumble, Reliance rockets, CSL downgraded – The Motley Fool Australia

At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. The benchmark index is currently down 0.7% to 6,775.2 points.
Here’s what is happening on the market today:
Iron ore miners tumble
BHP Group Ltd(ASX: BHP), Fortescue Metals Group Limited(ASX: FMG), and Rio Tinto Limited(ASX: RIO) shares are tumbling lower on Wednesday and are acting as a major drag on the ASX 200. The Fortescue share price is the worst performer in the group with a decline of over…

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