06:54 AM EST, 11/25/2024 (MT Newswires) -- European bourses tracked sideways midday Monday as traders awaited market catalysts amid war in Eastern Europe, but also easing interest rates.

Tech stocks joined global sector rallies, while property and retail issues lagged.

Kingfisher shares fell 13.8% midday after the British home-improvement chain reported quarterly results and tempered earnings outlooks.

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

In economics news, Germany's business climate index fell to 85.7 in November from 86.5 in October, the Institute for Economic Research (Ifo) reported.

The pan-continental Stoxx Europe 600 Index was marginally higher mid-session.

The Stoxx Europe 600 Technology Index was up 0.9% but the Stoxx 600 Banks Index lost 0.3%.

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

The REITE, a European REIT index, fell 0.9% but the Stoxx Europe 600 Retail Index declined 1.2%.

On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London was up 0.1%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 gained 0.6%.

Yields on benchmark 10-year German bonds were lower, near 2.24%.

Front-month North Sea Brent crude-oil futures were down 0.3% to $74.38 per barrel.

The Euro Stoxx 50 volatility index was down 2.4% to 17.53, 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.