07:41 AM EDT, 07/28/2025 (MT Newswires) -- European bourses tracked moderately higher midday Monday following weekend media reports that the US and European Union (EU) have struck a trade deal, that includes a 15% US import levy on goods from the 27-nation bloc.

Property, bank and tech stocks led gainers, while food issues lagged.

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

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

The Stoxx Europe 600 Technology Index was up 1.4%, and the Stoxx 600 Banks Index gained 0.9%.

The Stoxx Europe 600 Oil and Gas Index was up 0.6%, but the Stoxx 600 Europe Food and Beverage Index fell 0.7%.

The REITE, a European REIT index, rose 0.8%, while the Stoxx Europe 600 Retail Index was up 0.1%.

On the national market indexes, Germany's DAX was up 0.1%, while the FTSE 100 in London slipped 0.1%. The CAC 40 in Paris was up 0.3%, and Spain's IBEX 35 gained 0.8%.

Yields on benchmark 10-year German bonds were lower, near 2.70%.

Front-month North Sea Brent crude-oil futures were up 1.2% at $68.46 a barrel.

The Euro Stoxx 50 volatility index was down 7.7% to 16.44, 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.