The recent record hunt on Wall Street paused midweek

The recent record hunt on Wall Street paused midweek. The Dow Jones Inex and the S & P 500 fell slightly after both indices had marked new highs the day before. In contrast, the Nasdaq composite showed little change after strong quarterly figures from Microsoft, the Google parent company Alphabet and Advanced Micro Devices (AMD). Thanks to the reporting season, which has been convincing so far, the upward trend is likely to continue, it said. The previously presented solid quarterly results would also push inflation and economic concerns somewhat into the background, it said. "While investors fear that higher interest rates, rising inflation and rising energy prices are potential headwinds, the latest indicators reflect economic momentum and support higher equity prices," said Jonathan Golub, US equity strategist at Credit Suisse Securities. The Dow Jones index fell 0.7 percent to 35,491 points. The S&P 500 yielded 0.5 percent. The Nasdaq composite showed little change at 15,236 points. The 1,001 (Tuesday: 1,498) price winners were compared to 2,336 (1,844) losers. 113 (144) titles closed unchanged. On the economic side, incoming orders for durable goods fell in September. Economists, however, had expected an even more pronounced decline. Oil prices were under pressure after they had been at their highest level in seven years the day before. The weekly US oil storage data from the State Information Administration (EIA) had shown a more marked increase than expected. In addition, the nuclear talks with Iran could soon start again. If an agreement is reached, more Iranian oil could enter the market and weigh on prices. However, participants also pointed to profit-taking after the recent surge. On the foreign exchange market, the dollar index fell 0.1 percent. Foreign exchange analyst Antje Praefcke from Commerzbank sees the dollar shortly before an "uncomfortable" phase. Ahead of the US central bank meeting next week, the market's expectations could be unsettled again, so that the greenback could have a hard time making up significant ground against the euro. The gold price recovered from the previous day's losses but stayed just below the $ 1,800 mark. The yields on the US bond market posted significant losses. The ten-year yield fell 7.0 basis points to 1.54 percent. It has been around 1.60 percent for almost a month. Higher inflation "is no longer driven by just a handful of one-off factors," said Capital Economics. The eyes are now already on the meeting of the US Federal Reserve in the coming week.