Easing Bond Yields, Oil Prices Spur European Bourses Midday

07:46 AM EDT, 09/05/2025 (MT Newswires) -- European bourses tracked moderately higher midday Friday as traders weighed easing bond yields and softening global crude oil prices.

A pending August US jobs report from Washington is expected to possibly clear the way to a rate cut from the Federal Reserve later this month.

Tech stocks led gainers on continental trading floors, while real estate and food shares lagged.

Investors also eyed Wall Street futures moderately in the green, and higher closes overnight on Asian exchanges.

In economic news, in Germany new orders for manufacturers fell a seasonally adjusted 2.9% in July month over month and were down 3.4% year over year, Destatis reported.

The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session.

The Stoxx Europe 600 Technology Index was 0.7% higher, and the Stoxx 600 Banks Index gained 0.3%.

The Stoxx Europe 600 Oil and Gas Index was 0.1% higher, while the Stoxx 600 Europe Food and Beverage Index was 0.3% lower.

The REITE, a European REIT index, declined 0.1%, while the Stoxx Europe 600 Retail Index was up 0.2%.

On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London was 0.3% higher. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 gained 0.1%.

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

Front-month North Sea Brent crude-oil futures were down 0.6% at $66.57 a barrel.

The Euro Stoxx 50 volatility index was down 2.2% at 17.04, 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.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.