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Frankfurt's DAX 40 advanced 0.2% to around 24,060 on Wednesday, breaking a seven-session losing streak and outperforming other major European indices. Trading was driven by a wave of corporate earnings ahead of key monetary policy decisions from the Federal Reserve later today and the ECB tomorrow. Adidas was the main gainer, surging 7% after reporting first-quarter profits that beat expectations. Mercedes-Benz Group added 1.6% after delivering an upbeat full-year outlook and a smaller-than-anticipated drop in Q1 profit. In contrast, Deutsche Bank fell more than 3% after its results disappointed investors.
