Nasdaq, S&P 500 score record close for second consecutive session

The majority of US stock indices turned higher, on June 11, after achieving gains for the second week in a row, with the start of the Federal Reserve's two-day policy meeting, and the expected release of the Consumer Price Index report tomorrow, to anticipate the future path of interest rates.

Dow Jones Industrial Average fell by 0.3%, or 120 points, to close at 38,747 points.

The S&P 500 index gained 14 points, or 0.25%, finishing at 5,375. The Nasdaq Composite Index advanced 151 points, or 0.9%, to end at 17,343. The two benchmarks extended their gains for the second consecutive session.

As for the European indices, STOXX Europe 600 retreated 0.95%, to 517.2 points, after hitting 523 points, with sector losses led by banks, mining, utilities and energy.

FTSE 100 shed 1% to 8,147 points, while DAX 40 fell 0.7% to 18,369 points, CAC 40 dipped 1.35% to 7,789 points.

The Nikkei 225 closed 0.25% lower at 39,134 points, while TOPIX dipped 0.20% to 2,776 points.

In the oil market, futures contracts for Brent crude for August delivery rose by 0.35%, or 29 cents, to $81.92 per barrel, the highest since May 29 ($83.43).

Meanwhile, prices of West Texas Intermediate (WTI) crude oil for July delivery inched up 0.2%, or 16 cents, to $77.90 per barrel, the highest since May 30 ($77.91).

Gold futures prices for August delivery remained stable at $2,326.60 per ounce after retreating to $2,314.50.