08:01 AM EDT, 10/15/2025 (MT Newswires) -- European bourses tracked moderately higher midday Wednesday as traders weighed the outlook for a Fed rate cut and a solid earnings report by luxury-goods bellwether LVMH of Paris.

Tech and retail stocks led gainers on continental trading floors, while property shares lagged.

Luxury stocks gained after French upmarket-products conglomerate LVMH posted solid quarterly results and rose by 13% in midday trading, helping to raise the CAC 40 index in France by 2.4%.

Investors also eyed Wall Street futures flashing green, and solidly higher closes overnight on Asian exchanges, including a 2.7% rise on Seoul's KOSPI equity index, to strike a fresh all-time high.

In economic news, Eurozone industrial production fell by 1.2% month over month in August, but was up 1.1% year over year, Eurostat reported. In the broader EU, industrial output in August was down 1% month over month, but was 1.1% higher year over year.

The pan-continental Stoxx Europe 600 Index was up 0.7% mid-session.

The Stoxx Europe 600 Technology Index was 1.8% higher, and the Stoxx 600 Banks Index gained 0.8%.

The Stoxx Europe 600 Oil and Gas Index was up 0.6%, while the Stoxx 600 Europe Food and Beverage Index gained 0.5%.

The REITE, a European REIT index, was flat, while the Stoxx Europe 600 Retail Index was rose 1.1%.

On the national market indexes, Germany's DAX was up 0.1%, while the FTSE 100 in London lost 0.5%. Spain's IBEX 35 gained 0.7%.

Yields on benchmark 10-year German bonds were lower, near 2.57%.

Front-month North Sea Brent crude-oil futures were down 0.1% at $62.31 a barrel.

The Euro Stoxx 50 volatility index was down 7.2% at 18.95, 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.