Why has the Fortescue share price just jumped 8%?
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It’s been a rather wild Tuesday session for ASX shares so far today. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has taken a 0.16% dip after opening in the green this morning, leaving the index at around 8,410 points. But let’s talk about what’s going on with the Fortescue Ltd (ASX: FMG) share price and other ASX 200 mining shares.
Fortescue shares are comprehensively bucking the market today thus far. While the ASX 200 may be down 0.16%, Fortescue shares are currently enjoying a healthy 6.86% spike up to $10.58. That’s after the iron ore miner closed at $19.25 a share yesterday afternoon.
It was even better for Fortescue stock earlier this morning. Just after market open, we saw the miner go as…
