07:44 AM EDT, 05/02/2025 (MT Newswires) -- European bourses tracked higher midday Friday on media reports of easing trade tensions between Beijing and Washington, and as the earnings season unfolded.

Tech and oil issues led broad market gains.

The FTSE 100 in London is on the cusp of notching its 15th-straight day in the green, an all-time record.

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

In economic news, the Eurozone consumer price index (CPI) logged up 2.2% on year in April, unchanged from March's result, reported Eurostat. The core CPI, that strips out energy, food, alcohol and tobacco, rose by 2.7% on year.

The pan-continental Stoxx Europe 600 Index was up 1.1% mid-session.

The Stoxx Europe 600 Technology Index was up 2.4%, and the Stoxx 600 Banks Index gained 0.9%.

The Stoxx Europe 600 Oil and Gas Index was up 1%, and the Stoxx 600 Europe Food and Beverage Index inclined 0.7%.

The REITE, a European REIT index, rose 0.8%, and the Stoxx Europe 600 Retail Index inclined 0.3%.

On the national market indexes, Germany's DAX was up 1.8%, and the FTSE 100 in London was up 0.8%. The CAC 40 in Paris was up 1.6%, and Spain's IBEX 35 gained 0.3%.

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

Front-month North Sea Brent crude-oil futures were down 0.1% to $62.07 per barrel.

The Euro Stoxx 50 volatility index was down 5.9% to 21.14, indicating modestly 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.