06:47 AM EST, 11/20/2024 (MT Newswires) -- European bourses tracked moderately higher midday Wednesday as traders digested media reports downplaying Russian threats of nuclear war, and awaited the pending earnings report from tech bellwether and chipmaking colossus Nvidia (NVDA).

Tech stocks led gainers, while property issues lagged.

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

in economic news, the UK consumer price index, or CPI, rose by 2.3% in October on year, up from the 1.7% on-year gain logged in September, reported the Office for National Statistics.

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

The Stoxx Europe 600 Technology Index was up 0.8%, and the Stoxx 600 Banks Index gained 0.5%.

The Stoxx Europe 600 Oil and Gas Index was up 0.2%, and the Stoxx 600 Europe Food and Beverage Index inclined 0.1%.

The REITE, a European REIT index, fell 0.6%, but the Stoxx Europe 600 Retail Index inclined 0.4%.

On the national market indexes, Germany's DAX was up 0.2%, 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 0.5%.

Yields on benchmark 10-year German bonds were higher, near 2.37%.

Front-month North Sea Brent crude-oil futures were up 0.3% to $73.53 per barrel.

The Euro Stoxx 50 volatility index was down 2.4% to 18.76, 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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