On Thursday European stocks fell for a third day as chemical makers and construction companies retreated. U.S. index futures and Asian shares were little changed.

The Stoxx Europe 600 Index slipped 0.5 percent to 248.58 at 10:20 a.m. in London, erasing an earlier advance of as much as 0.5 percent.

Investors will also keep an eye on Greece as Greek Socialist leader Evangelos Venizelos makes a last-ditch attempt to form a government on Thursday and avoid a new election after voters rejected a bailout deal and left the country’s commitment to the euro zone in doubt.

European governments kept the country solvent for the moment by agreeing to make a 4.2 billion euros payment on Thursday from the region’s bailout fund to enable Athens to meet short-term bond redemptions.

Robust corporate earnings in the face of bleak macro economic conditions helped boost investors’ appetite for European-listed companies.

Reflecting investors’ desire to take a punt on beaten down stocks, Eurasian Natural Resources rose 2.2 percent despite warning revenue decreased “significantly” in the first quarter, hit by a drop in prices for the commodities it sells, especially iron ore, and weaker production volumes, after its shares hit a three-year low in the previous session.

Basic resource stocks are facing further pressure on their outlooks as China, the world’s largest consumer of natural resources, reported its headline growth in imports unexpectedly stalled in April and exports were weaker-than-expected, raising doubts about the strength of the rebound in the world’s second-biggest economy.

Japanese shares fell a second day, with the Nikkei 225 Stock Average sliding to a three-month low, as concern Greece may exit the euro and slowing China trade sapped demand for riskier assets. Losses were limited on Toyota Motor Corp.’s improved earnings forecast. The Nikkei 225 Stock Average fell 0.4 percent while the Topix Index lost less than 0.1 percent.