Nestlé stock was rallying on Thursday even though the Nescafé and KitKat maker reported a drop in quarterly sales.

Stocks looked set to fall on Thursday as tensions flared up in the Strait of Hormuz, giving investors a good excuse to trim some of their holdings following a record-breaking rally for equities.

The dollar was rising as signs of continued tensions in the Iran war lifted oil prices and supported demand for safe-haven assets. Iran attacked three ships in the critical Strait of Hormuz and ...

U.S. Treasury yields were rising in Asian trade amid higher oil prices as the Middle East cease-fire and blockage of the Strait of Hormuz continued. "Markets open on a weak foot with headlines from a ...