07:36 AM EDT, 07/29/2024 (MT Newswires) -- European bourses tracked moderately higher midday Monday as traders weighed earnings reports and the tech sector firmed up following last week's sell-offs.

Retail, property, and oil stocks led gainers, while food shares lagged.

Yields on benchmark government bonds eased.

Dutch conglomerate Philips rose 10.4% after reporting earnings above expectations and affirming guidance.

Investors also eyed Wall Street futures signaling green amid higher closes overnight on Asian exchanges.

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

The Stoxx Europe 600 Technology Index was 0.5% higher, and the Stoxx 600 Banks Index gained 0.9%.

The Stoxx Europe 600 Oil and Gas Index was up 1.1%, while the Stoxx 600 Europe Food and Beverage Index declined 0.4%.

The REITE, a European REIT index, rose 1.8%, and the Stoxx Europe 600 Retail Index increased 1.7%.

On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London was 0.7% higher. The CAC 40 in Paris was off 0.4%, and Spain's IBEX 35 gained 0.3%.

Yields on benchmark 10-year German bonds were lower, near 2.35%.

Front-month North Sea Brent crude oil futures were down 0.5% at $79.88 per barrel.

The Euro Stoxx 50 volatility index was up 0.8% at 16.28, 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.