The BHP Group Ltd (ASX: BHP) share price has tumbled further in early-morning trade on Wednesday as conflict in the Middle East continues to put pressure on energy and commodity markets, and investor sentiment softens.
At the time of writing, the shares are down 4.33% to $5.20 a piece. It’s the second consecutive loss. The shares closed 2.62% lower yesterday afternoon.
Despite the drop, the BHP share price is still 20.59% higher for the year to date and 39.79% above where it was a year ago.
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What has happened?
The miner reported impressive half-year earnings last month, prompting investors to flock to the stock. On the bottom line, the ASX 200 miner achieved a 22% increase in underlying profit to US$6.20…
