Global stocks mostly fall as US rally shows signs of fatigue

Global stocks mostly fell Thursday as US indices pulled back from records while Washington awaited Tehran's response to a US plan to end the Middle East war and reopen the Strait of Hormuz.The war, launched by the United States and Israel in late February, has seen Iran respond with attacks across the Middle East and impose a chokehold on the Strait of Hormuz, the gateway to the Gulf oil and gas industries and a strategic trade route.