07:44 AM EDT, 04/08/2025 (MT Newswires) -- European bourses tracked solidly higher midday Tuesday, as traders tested share values after the four consecutive days of bear moves that followed the disclosure of Trump Administration tariff schedules on April 2.

Tech, oil, and property stocks led broad market rallies on the continent.

Investors also eyed Wall Street futures signaling green and higher closes overnight on Asian exchanges, led by a 6% gain on Tokyo's benchmark Nikkei 225.

Due to tariff turmoils, the European Central Bank (ECB) should implement a 0.25% interest-rate cut at its next policy session, ECB Governing Council member Gediminas Simkus said, reported Bloomberg.

The pan-continental Stoxx Europe 600 Index was up 1.7% mid-session.

The Stoxx Europe 600 Technology Index was up 2.4%, and the Stoxx 600 Banks Index gained 1%.

The Stoxx Europe 600 Oil and Gas Index was up 1.3%, and the Stoxx 600 Europe Food and Beverage Index inclined 1.4%.

The REITE, a European REIT index, rose 1.4%, and the Stoxx Europe 600 Retail Index advanced 1.3%.

On the national market indexes, Germany's DAX was up 3%, and the FTSE 100 in London was up 2.5%. The CAC 40 in Paris was up 1.9%, and Spain's IBEX 35 gained 1.6%.

Yields on 10-year German bonds were higher, near 2.65%.

Front-month North Sea Brent crude-oil futures were up 0.3% to $64.39 per barrel.

The Euro Stoxx 50 volatility index was down 12.7% to 38.62, still indicating 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.