07:05 AM EST, 01/07/2025 (MT Newswires) -- European bourses tracked modestly higher midday Tuesday as traders weighed possible strength in retailers, and joined the global embrace of tech shares.

Next shares rose 4%, after the UK clothing and home-products retailer upgraded a profit outlook, citing online sales.

Tech, property and retail stocks led gainers on European exchanges, while bank shares lagged.

Investors also eyed Wall Street futures modestly signaling green, but choppy closes overnight on Asian exchanges.

The euro area consumer price index is expected to post up 2.4% in December, slightly higher than the 2.2% on-year gain logged in November, according to a flash estimate from Eurostat.

European services prices in December rose 4% on the year, added Eurostat.

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

The Stoxx Europe 600 Technology Index was up 0.8%, but the Stoxx 600 Banks Index lost 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.4%, and the Stoxx 600 Europe Food and Beverage Index also inclined 0.4%.

The REITE, a European REIT index, rose 1.1%, and the Stoxx Europe 600 Retail Index inclined 1%.

On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London was down 0.3%. The CAC 40 in Paris was up 0.7%, and Spain's IBEX 35 gained 0.2%.

Yields on benchmark 10-year German bonds were higher, near 2.46%.

Front-month North Sea Brent crude-oil futures were up 0.8% to $76.92 per barrel.

The Euro Stoxx 50 volatility index was down 2.4% to 16.04, 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.