Germany's DAX extended initial gains to trade near 24,400 on Wednesday afternoon, its highest level since October 9, marking the third session of gains. Markets maintained a positive tone amid expectations of a US government reopening, anticipated rate cuts by the Federal Reserve and strong corporate results. Infineon jumped 8% after the chipmaker announced a turnaround to profit in Q3 and significantly raised its 2026 sales target for the AI power supply segment. RWE advanced 6.9% after posting better-than-expected profits for the first nine months, and Bayer added 5.4% after also reporting stronger-than-expected results. Brenntag followed, rising 4.2%, as the German chemicals distributor delivered better-than-expected quarterly results. On the flip side, E.ON plunged nearly 5% after a steep fall in nine-month profit, even as it confirmed its 2025 guidance.