07:52 AM EDT, 06/20/2025 (MT Newswires) -- European bourses tracked moderately higher midday Friday after President Donald Trump appeared to signal a two-week window for negotiations to resolve the Israel-Iran conflict, before possibly committing to active US military operations in the region.
Tech and stocks led gainers, while oil issues lagged.
Investors also eyed Wall Street futures flashing red, and choppy closes overnight on Asian exchanges.
In other news, the Danish shipping giant AP Moller-Maersk said it will stop making port calls at Haifa in Israel, citing risks to crews.
The pan-continental Stoxx Europe 600 Index was up 0.6% mid-session.
The Stoxx Europe 600 Technology Index was up 1.1%, while the Stoxx 600 Banks Index was also up 1.1%.
The Stoxx Europe 600 Oil and Gas Index was off 0.1%, but the Stoxx 600 Europe Food and Beverage Index gained 0.2%.
The REITE, a European REIT index, rose 0.8%, and the Stoxx Europe 600 Retail Index rose 0.6%
On the national market indexes, Germany's DAX was up 1.1%, and the FTSE 100 in London gained 0.4%. The CAC 40 in Paris was up 0.6%, and Spain's IBEX 35 rose 0.4%.
Yields on benchmark 10-year German bonds were steady, at 2.52%.
Front-month North Sea Brent crude oil futures were down 2.1% to $77.18 a barrel.
The Euro Stoxx 50 volatility index was down 12.6% to 21.81, but still indicates above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.