06:33 AM EST, 01/06/2026 (MT Newswires) -- European bourses tracked modestly higher midday Tuesday as traders weighed equity indices near record highs, and awaited clarity on geopolitical turmoil in Venezuela, Eastern Europe, and the Middle East.

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

Investors also eyed muted Wall Street futures, but higher closes overnight on Asian exchanges, including all-time highs in Tokyo, Seoul, Singapore, and Taiwan.

In economic news, the Eurozone composite purchasing managers index (PMI), a combination of the continent's manufacturing and services industries, fell to 51.5 in December from 52.8 in November, but still struck above the 50-mark that separates growth from contraction, reported S&P Global.

The pan-continental Stoxx Europe 600 Index, which closed at a record on Monday, was up 0.1% mid-session.

The Stoxx Europe 600 Technology Index was down 0.6%, and the Stoxx 600 Banks Index lost 0.1%.

The Stoxx Europe 600 Oil and Gas Index rose 0.8%, while the Stoxx 600 Europe Food and Beverage Index declined 0.4%.

The REITE, a European REIT index, fell 0.3%, while the Stoxx Europe 600 Retail Index was down 0.3%.

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London gained 0.7%. The CAC 40 in Paris was down 0.5%, and Spain's IBEX 35 lifted 0.1%.

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

Front-month North Sea Brent crude oil futures were up 0.4% at $61.98 a barrel.

The Euro Stoxx 50 volatility index was up 0.4% at 15.53, 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.

http://www.mtnewswires.com
Copyright © 2026 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.