07:43 AM EDT, 07/11/2024 (MT Newswires) -- European bourses tracked moderately higher midday Thursday as traders weighed early earnings results and a better-than-expected economy report from London.

Bank and tech stocks gained, while oil shares lagged.

Investors also eyed Wall Street futures modestly signaling red amid higher closes overnight on Asian exchanges, including a new record apex close on Tokyo's Nikkei 225.

The UK real gross domestic product grew 0.4% month over month in May, the Office for National Statistics reported. Real GDP was up 0.9% in the three months to May, compared with the three months to February, the ONS added.

The pan-continental Stoxx Europe 600 Index was 0.3% higher mid-session.

The Stoxx Europe 600 Technology Index was up 0.5% and the Stoxx 600 Banks Index gained 0.6%.

The Stoxx Europe 600 Oil and Gas Index was off 0.2%, while the Stoxx 600 Europe Food and Beverage Index edged 0.3% higher.

The REITE, a European REIT index, declined 0.1%, while the Stoxx Europe 600 retail Index edged 0.1% higher.

On the national market indexes, Germany's DAX was up 0.2% and the FTSE 100 in London was 0.3% higher. The CAC 40 in Paris was up 0.2% and Spain's IBEX 35 gained 0.3%.

Yields on benchmark 10-year German bonds were higher, near 2.55%.

Front-month North Sea Brent crude oil futures were up 0.3% at $85.35 per barrel.

The Euro Stoxx 50 volatility index was 0.4% higher at 13.92, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.