European bourses inched into the green midday Monday as traders joined the global tech rally after a weekend report from Bloomberg News revealed positive Q2 financial results for prominent AI-modeler Anthropic.
Tech and oil stocks led gains on continental trading floors, while food and property shares lagged.
Investors also eyed Wall Street futures in the green, and largely higher closes overnight on Asian exchanges on gains in semiconductor- and AI-related issues.
The pan-continental Stoxx Europe 600 Index was up 0.1% mid-session.
The Stoxx Europe 600 Technology Index was up 1.1%, and the Stoxx 600 Banks Index gained 0.1%.
The Stoxx Europe 600 Oil and Gas Index rose 0.4%, while the Stoxx 600 Europe Food and Beverage Index declined 1.5%.
The REITE, a European REIT index, fell 0.8%.
On the national market indexes, Germany's DAX was steady, and the FTSE 100 in London gained 0.2%. The CAC 40 in Paris was down 0.2%, and Spain's IBEX 35 eased 0.2%.
Yields on benchmark 10-year German bonds were steady near 3.20%.
Front-month North Sea Brent crude-oil futures were up 0.3% at $88.83 a barrel.
The Euro Stoxx 50 volatility index was up 1% at 15.27, 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.