European bourses tracked moderately lower midday Wednesday as traders weighed tech stocks after US chipmaker Nvidia (NVDA) announced a $5.5 billion charge on Tuesday, due to Trump Administration export controls.

Food, property and oil stocks edged higher on the continent, while tech issues lagged.

Investors also eyed Wall Street futures signaling red, and lower closes overnight on Asian exchanges, despite positive economics reports from Beijing on China's Q1 GDP, and March retail sales and industrial production.

In economic news, the Eurozone's consumer price index (CPI) rose by 2.2% in March on year, while in the broader European Union prices rose by 2.5%, reported Eurostat.

The pan-continental Stoxx Europe 600 Index was off 0.8% mid-session.

The Stoxx Europe 600 Technology Index was off 2.4%, and the Stoxx 600 Banks Index lost 0.8%.

The Stoxx Europe 600 Oil and Gas Index was up 0.3%, and the Stoxx 600 Europe Food and Beverage Index inclined 0.7%.

The REITE, a European REIT index, rose 0.4%, but the Stoxx Europe 600 Retail Index declined 0.8%.

On the national market indexes, Germany's DAX was down 0.5%, and the FTSE 100 in London was down 0.3%. The CAC 40 in Paris was off 0.6%, and Spain's IBEX 35 lost 0.4%.

Yields on benchmark 10-year German bonds were lower, near 2.50%.

Front-month North Sea Brent crude-oil futures were up 0.9% to $65.24 per barrel.