Frankfurt's DAX closed about 0.2% higher at 24,262 after a choppy session on Wednesday, notching a second consecutive day of slight gains. Investors assessed a slew of regional economic data and fresh corporate earnings, while also monitoring developments on trade negotiations. Domestically, Germany's economy contracted by an expected 0.1% in Q2, reversing 0.4% growth in Q1. Meanwhile, the German cabinet has approved the 2026 draft budget, which includes a record investment of €126.7 billion and planned borrowing of €174 billion. On the corporate front, Siemens Healthineers gained roughly 2% on strong Q3 results and upgraded guidance, while Porsche AG added 1.7% as investors welcomed its strategic overhaul, despite a lowered outlook tied to a €400 million tariff hit. Meanwhile, Adidas plunged over 11% after missing revenue targets and issuing a profit warning, and Mercedes-Benz fell 3.4% after halving first-half profit and cutting its full-year revenue guidance.