The DAX 40 continued its recent upward trend on Wednesday, rising 0.6% to fresh record highs above 26,300, amid growing optimism over a potential US-Iran agreement. Washington, Tehran, and Oman are reportedly nearing a temporary 60-day agreement to regulate passage through the Strait of Hormuz, according to the Axios. In the meantime, the earnings season continues at full speed. Fresenius SE & Co surged over 5% to the top of the index as it released second-quarter results that exceeded expectations, leading the healthcare company to revise its full-year earnings guidance upward. Siemens Energy gained 2.9%, after the company significantly increased its revenue and profit in the third quarter, exceeding analysts' expectations.