A Federal Reserve statement on Wednesday that suggested the U.S. central bank is inching closer to reducing its asset purchases had limited impact on the market, as yields stalled. U.S. stocks looked past the U.S. data, with the Dow .DJI and S&P 500 .SPX hitting fresh intraday record highs earlier due in part to a slate of strong corporate earnings reports. .N Upbeat Chinese news on regulation that pushed their shares higher added to the sanguine mood on Wall Street, as did strong European economic reports on euro zone investor sentiment and German inflation.