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By Ambar Warrick
Investing.com -- Australian shares of major miners BHP Group (NYSE:BHP) and Rio Tinto (NYSE:RIO) slumped to multi-month lows on Monday as anticipation of key Chinese economic readings saw traders trim positions in China-exposed stocks, while fears of rising U.S. interest rates battered commodity markets.
Both stocks were also reeling from weak earnings reports released last week, as a slowdown in China, their biggest market, battered margins.
BHP Group Ltd (ASX:BHP), the bigg...
>>> Read more: BHP, Rio Tinto battered by China uncertainty, rate hike fears
Investing.com -- Australian shares of major miners BHP Group (NYSE:BHP) and Rio Tinto (NYSE:RIO) slumped to multi-month lows on Monday as anticipation of key Chinese economic readings saw traders trim positions in China-exposed stocks, while fears of rising U.S. interest rates battered commodity markets.
Both stocks were also reeling from weak earnings reports released last week, as a slowdown in China, their biggest market, battered margins.
BHP Group Ltd (ASX:BHP), the bigg...
>>> Read more: BHP, Rio Tinto battered by China uncertainty, rate hike fears
