07:38 AM EDT, 05/27/2025 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday after US President Donald Trump agreed to a delay in 50% tariffs on European imports until July 9, possibly opening a door to better trade terms between Washington and the European Union.

Tech and oil stocks led broad market gains.

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

In economic news, the Economic Sentiment Indicator (ESI) index improved in the European Union to 95.2 in May from 94.6 in April, and rose in the euro area to 94.8 from 93.8, reported the European Commission. Despite the improvement, the indicator remained below its long-term average of 100.

The pan-continental Stoxx Europe 600 Index was up 0.5% mid-session.

The Stoxx Europe 600 Technology Index was up 1.2%, and the Stoxx 600 Banks Index gained 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 1%, and the Stoxx 600 Europe Food and Beverage Index inclined 1%.

The REITE, a European REIT index, rose 0.8%, and the Stoxx Europe 600 Retail Index inclined 0.4%.

On the national market indexes, Germany's DAX was up 0.7%, and the FTSE 100 in London was up 0.8%. The CAC 40 in Paris was up 0.2%, but Spain's IBEX 35 lost 0.1%.

Yields on benchmark 10-year German bonds were lower, near 2.54%.

Front-month North Sea Brent crude-oil futures were steady, near $64.08 per barrel.

The Euro Stoxx 50 volatility index was down 2.6% to 19.13, 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.