Dow Jones ends winning streak

Most US stock indices erased their gains during the first trading of the week, following the release of a survey from the Federal Reserve that showed a rise in inflation expectations during April, ahead of the announcement of data on the producer and consumer price indexes in the US.

The Dow Jones Industrial Average fell by 0.2%, or 81 points, to close at 39,431 points, after its value increased to 39,647 points, snapping an eight-session winning streak.

The S&P 500 index was stable at 5,221 points, after it hit 5,237 points. The Nasdaq Composite Index edged up by 0.3%, or 47 points, to 16,388 points.

The STOXX Europe 600 remained stable at 520.8 points, in light of the gains in the banking and automotive sectors, and declines in the mining, utilities and technology sectors.

The British FTSE index declined by 0.2% to close at 8,414 points, while the German DAX index lost 0.15% to 18,742 points, and the French CAC index edged down 0.1% to 8,209 points.

The Nikkei index dropped 0.15%, to 38,179 points, and the broader Topix index fell by almost the same percentage to 2,724 points.

As for oil, Brent crude futures for July delivery rose 0.7%, or $0.57, to settle at $83.36 a barrel, after falling during the session to $82.26.

WTI crude futures for June delivery increased 1.1%, or $0.86, to $79.12 per barrel, after falling during the session to $77.78.

Regarding gold, futures prices for the precious metal for June delivery retreated by 1.35%, or $32, to $2,343 per ounce.

A survey conducted by the Federal Reserve Bank of New York showed that consumers last month increased their expectations for price increases in the short and long term, as inflation expectations rose to 3.3% within a year, and 2.8% within five years.