07:37 AM EDT, 08/20/2024 (MT Newswires) -- European bourses tracked largely sideways midday Tuesday as traders embraced tech shares, but were cautious on broader outlooks.

Bank and oil issues lagged in muted trading.

Investors also eyed Wall Street futures marginally signaling green, but uneven closes overnight on Asian exchanges after Beijing's central bank did not cut rates in its latest policy session.

After a 0.1% contraction in Q2, Germany's gross domestic product (GDP) should expand "slightly" in Q3, predicted the nation's central bank in its monthly report.

The pan-continental Stoxx Europe 600 Index was up 0.1% mid-session.

The Stoxx Europe 600 Technology Index was up 0.7%, but the Stoxx 600 Banks Index lost 0.7%.

The Stoxx Europe 600 Oil and Gas Index was off 1.1%, and the Stoxx 600 Europe Food and Beverage Index declined 0.3%.

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

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London was down 0.7%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 lost 0.2%.

Yields on benchmark 10-year German bonds were lower, near 2.24%.

Front-month North Sea Brent crude oil futures were up 0.2% to $77.83 per barrel.

The Euro Stoxx 50 volatility index was down 0.7% to 14.81, 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.