07:38 AM EDT, 07/21/2025 (MT Newswires) -- European bourses tracked modestly lower midday Monday as traders weighed continental earnings reports and awaited clarity on ongoing US-Europe Union trade talks.

Retail and property stocks led gainers, while bank issues lagged.

Investors also eyed Wall Street futures moderately in the green, but choppy closes overnight on Asian exchanges.

The pan-continental Stoxx Europe 600 Index was off 0.1% mid-session.

The Stoxx Europe 600 Technology Index was down 0.4%, and the Stoxx 600 Banks Index lost 0.6%.

The Stoxx Europe 600 Oil and Gas Index was off 0.2%, and the Stoxx 600 Europe Food and Beverage Index fell 0.4%.

The REITE, a European REIT index, rose 1.2%, while the Stoxx Europe 600 Retail Index was up 0.2%.

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London lost 0.1%. The CAC 40 in Paris was off 0.4%, and Spain's IBEX 35 was flat.

Yields on benchmark 10-year German bonds were lower, near 2.63%.

Front-month North Sea Brent crude-oil futures were down 0.3% at $69.12 a barrel.

The Euro Stoxx 50 volatility index was up 3.7% to 18.35, 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.