07:55 AM EDT, 05/07/2024 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday as traders weighed a continental retail sales report and the unfolding earnings season.

Tech, retail, bank and property shares led broad-based gains.

Swiss bank UBS' shares traded up 9.8% mid-session after the company reported earnings.

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

Retail sales in the eurozone gained 0.8% in March from February, while those in the broader EU rose 1.2%, Eurostat reported. Year over year, March retail sales were up 0.7% in the euro area and 2% in the EU.

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

The Stoxx Europe 600 Technology Index was 1.5% higher, and the Stoxx 600 Banks Index gained 0.6%.

The Stoxx Europe 600 Oil and Gas Index was up 0.3%, and the Stoxx 600 Europe Food and Beverage Index edged 0.6% higher.

The REITE, a European REIT index, rose 1%, and the Stoxx Europe 600 Retail Index was up 1.2%.

On the national market indexes, Germany's DAX was up 0.6%, and the FTSE 100 in London was 1% higher, testing fresh all-time record highs. The CAC 40 in Paris was up 0.4%, and Spain's IBEX 35 gained 0.8%.

Yields on benchmark 10-year German bonds were lower, near 2.4%.

Front-month North Sea Brent crude oil futures were down 0.4% at $83.03 per barrel.

The Euro Stoxx 50 volatility index was 0.9% lower at 14.17, 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.