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Tech Gains Steady European Bourses Midday

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European bourses tracked evenly midday Monday as traders looked for values after last week's tech rout, and largely shrugged off fresh turmoil in the Persian Gulf.

Oil stocks also led gains on continental trading floors, while property shares lagged.

Front-month North Sea Brent crude-oil futures were up 0.7% at $73.13 a barrel midday.

Additionally, investors eyed Wall Street futures flashing green, and higher closes overnight on Asian exchanges.

In economic news, the consumer confidence index in the euro area in June rose to negative 17.7 from negative 19 in month prior, and to negative 17 from negative 18.2 in the broader European Union, reported the European Commission.

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

The Stoxx Europe 600 Technology Index was up 1.5%, and the Stoxx 600 Banks Index gained 0.1%.

The Stoxx Europe 600 Oil and Gas Index rose 0.7%, while the Stoxx 600 Europe Food and Beverage Index inclined 0.1%.

The REITE, a European REIT index, lost 0.5%.

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London lost 0.3%. The CAC 40 in Paris was down 0.3%, and Spain's IBEX 35 eased 0.4%.

Yields on benchmark 10-year German bonds were higher, near 2.86%.

The Euro Stoxx 50 volatility index was down 1% at 17.66, 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.

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^TASISASE:4263SASE:9634
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US Equity Indexes Mixed, Mag-7 Lags Amid Micron Technology's Blockbuster Quarterly Results This Week

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Dow JonesNasdaq CompositeS&P 500$AAPL$MU
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Dow JonesNasdaq CompositeS&P 500$AIQ$SNDK$WDC