07:43 AM EDT, 10/10/2025 (MT Newswires) -- European bourses traded in narrow ranges on Friday as traders weighed a ceasefire in the Gaza war and continued political turmoil in France.

In Paris, President Emmanuel Macron has slated a meeting of mainstream parties ahead of a self-imposed Friday deadline to name a new prime minister, which will be Macron's sixth such appointment in less than two years.

On continental trading floors, retail, food and property stocks led gainers, while oil-industry shares lagged.

Investors also eyed muted Wall Street futures, lower closes overnight on Asian exchanges, easing crude-oil prices and softening interest rates.

The pan-continental Stoxx Europe 600 Index was flat mid-session.

The Stoxx Europe 600 Technology Index was down 0.2%, but the Stoxx 600 Banks Index gained 0.1%.

The Stoxx Europe 600 Oil and Gas Index was off 1.1%, but the Stoxx 600 Europe Food and Beverage Index rose 0.8%.

The REITE, a European REIT index, rose 0.7%, and the Stoxx Europe 600 Retail Index was also up 0.7%.

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London was steady. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 gained 0.3%.

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

Front-month North Sea Brent crude-oil futures were down 1% at $64.56 a barrel.

The Euro Stoxx 50 volatility index was down 1.3% to 16.98, 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.