07:55 AM EDT, 04/30/2025 (MT Newswires) -- European bourses tracked moderately higher midday Wednesday as traders digested earnings reports, and a better-than-expected Q1 report on the continental economy.

Food and tech stocks led gainers, while bank issues lagged.

Investors also eyed Wall Street futures mildly signaling red, but largely higher closes overnight on Asian exchanges.

In economic news, the Eurozone gross domestic product expanded by 0.4% in Q1, Eurostat reported.

In other news, the European Commission said it will invest 910 million euros pursuant to the goals of the 2024 European Defense Fund, to strengthen continental defense-industry and capabilities.

The pan-continental Stoxx Europe 600 Index was up 0.4% mid-session.

The Stoxx Europe 600 Technology Index was up 0.6%, but the Stoxx Europe 600 Banks Index lost 1.9%.

The Stoxx Europe 600 Oil and Gas Index was off 0.6%, but the Stoxx Europe 600 Food and Beverage Index inclined 1.2%.

The REITE, a European REIT index, rose 0.2%, while the Stoxx Europe 600 Retail Index gained 0.2%.

On the national market indexes, Germany's DAX was up 0.7%, and the FTSE 100 in London was up 0.1%. The CAC 40 in Paris was up 0.7%, but Spain's IBEX 35 lost 1.3%.

Yields on benchmark 10-year German bonds were lower, near 2.47%.

Front-month North Sea Brent crude-oil futures were down 0.9% at $63.65 per barrel.

The Euro Stoxx 50 volatility index was down 3.4% at 21.60, still indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.