07:35 AM EDT, 05/29/2025 (MT Newswires) -- European bourses tracked moderately higher midday Thursday after the US Court of International Trade in New York on Wednesday ruled that President Donald Trump exceeded his authority in imposing a broad range of import levies.

Bank and tech stocks led broad market gains on the continent.

Investors also eyed Wall Street futures signaling green, and higher closes overnight on Asian exchanges.

In economic news, Spain's seasonally adjusted retail sales rose by 0.7% in April from March, the National Statistics Institute reported.

The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session.

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

The Stoxx Europe 600 Oil and Gas Index was up 0.2%, and the Stoxx 600 Europe Food and Beverage Index rose 0.1%.

The REITE, a European REIT index, rose 0.5%, and the Stoxx Europe 600 Retail Index advanced 0.2%.

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

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

Front-month North Sea Brent crude oil futures were up 0.4% to $64.58 per barrel.

The Euro Stoxx 50 volatility index was down 2.5% to 18.84, 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.