06:39 AM EST, 01/14/2025 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday bond yields and oil prices cooled from recent gains.

Bank and tech stocks led gainers, while oil issues lagged.

Investors also eyed Wall Street futures signaling green but choppy closes overnight on Asian exchanges, with Tokyo falling back on the prospects for rate hikes by the Bank of Japan, but Hong Kong and Shanghai gaining after Beijing vowed more support for equities markets.

German automaker Volkswagen reported 2024 global sales slipped by 2.3% on year to 9.03 million units, with the largest declines logged in China, off 9.5% on year, and the rest of the Asia-Pacific region, down 17.5% on year.

The pan-continental Stoxx Europe 600 Index was up 0.6% mid-session.

The Stoxx Europe 600 Technology Index was up 1.3%, and the Stoxx 600 Banks Index gained 1.1%.

The Stoxx Europe 600 Oil and Gas Index was off 0.7%, but the Stoxx 600 Europe Food and Beverage Index inclined 0.4%.

The REITE, a European REIT index, rose 0.6%, but the Stoxx Europe 600 Retail Index was flat.

On the national market indexes, Germany's DAX was up 0.8%, and the FTSE 100 in London was up 0.1%. The CAC 40 in Paris was up 1.7%, and Spain's IBEX 35 gained 0.7%.

Yields on benchmark 10-year German bonds were steady, near 2.60%.

Front-month North Sea Brent crude-oil futures were down 0.5% to $80.60 per barrel.

The Euro Stoxx 50 volatility index was down 7.7% to 17.41, 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.