07:05 AM EST, 11/21/2025 (MT Newswires) -- European markets were down midday Friday amid a global volatility spurred by technology rout and Fed rate concerns.

Wall Street futures were edging higher in premarket hours, while Asian markets closed Friday's session in the red.

The Stoxx Europe 600 Index was down 0.9%.

The Stoxx Europe 600 Technology Index was 2.2% lower; the Stoxx 600 Banks Index declined by 1.1%; and the Stoxx Europe 600 Oil and Gas Index fell by 2.7%.

Bucking the trend, the Stoxx 600 Europe Food and Beverage Index was up 0.1%. The REITE, a European REIT index, was 0.4% lower.

In regional news, Britain's private sector output decreased in November as data from S&P Global showed that the flash UK PMI Composite Output Index hit a two-month low of 50.5 in November, compared with 52.2 in the previous month and the consensus of 51.8.

The HCOB Flash Eurozone Composite PMI Output Index also hit a two-month low of 52.4, against the previous and expected 52.5, flash data from Hamburg Commercial Bank and S&P Global showed.

On the national market indexes, Germany's DAX was down 0.4%; the FTSE 100 in London was 0.3% lower; the CAC 40 in Paris was marginally declining; and Spain's IBEX 35 was down 1%.

Yields on benchmark 10-year German bonds were 1% lower.

Front-month North Sea Brent crude-oil futures were down 1.6% to $62.35 per barrel.

The Euro Stoxx 50 volatility index was up 23.7% to 24.98. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.