07:41 AM EDT, 04/29/2024 (MT Newswires) -- European bourses traded choppily higher midday Monday as traders weighed the earnings season, and awaited the mid-week policy statement from the US Federal Reserve.

London's FTSE 100 tested fresh record highs.

Retail and property stocks gained, while bank and tech issues lagged.

Investors also eyed Wall Street futures signaling green, and higher closes overnight on Asian exchanges, although Tokyo was closed on holiday.

The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.

The Stoxx Europe 600 Technology Index was off 0.5%, and the Stoxx 600 Banks Index lost 0.3%.

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

The REITE, a European REIT index, rose 0.5%, and the Stoxx Europe 600 Retail Index inclined 1%.

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

Yields on benchmark 10-year German bonds were lower, near 2.52%.

Front-month North Sea Brent crude-oil futures were down 0.1% to $88.14 per barrel.

The Euro Stoxx 50 volatility index was up 0.4% to 15.32, 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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