07:51 AM EDT, 05/13/2025 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday as traders assessed values after global rallies on Monday, triggered by the day's positive China-US trade announcement.

Retail and oil stocks gained in mid-session trading in Europe, while food issues lagged.

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

In economic news, the eurozone ZEW Economic Sentiment Index rose to a positive 11.6 in May, reversing last month's negative print.

The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.

The Stoxx Europe 600 Technology Index was up 0.1%, but the Stoxx 600 Banks Index lost 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.4%, but the Stoxx 600 Europe Food and Beverage Index declined 0.1%.

The REITE, a European REIT index, fell 0.1%, but the Stoxx Europe 600 Retail Index inclined 1.4%.

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London rose 0.2%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 gained 0.8%.

Yields on benchmark 10-year German bonds were higher, near 2.67%.

Front-month North Sea Brent crude-oil futures were up 0.9% at $65.55 a barrel.

The Euro Stoxx 50 volatility index was down 5.7% at 17.18, 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.