On Friday European stocks declined, extending the biggest monthly drop since August for the Stoxx Europe 600 Index, as China’s manufacturing growth slowed to the weakest pace this year and investors awaited data on American jobs. U.S. index futures and Asian shares also retreated.

Daimler AG and Bayerische Motoren Werke AG led automakers lower. BP Plc gained 3 percent after it said it will pursue the sale of its 50 percent holding in TNK-BP, Russia’s third-largest oil producer.

The Stoxx Europe 600 Index fell 0.5% to 238.58 at 9.22am in London. The benchmark measure slumped 6.8% in May as concern mounted that Greece will leave the euro area and Spain’s borrowing costs increased.

In China, the country’s official Xinhua News Agency said in a May 29 article that the nation has no plans for new stimulus measures on the scale unleashed during the global financial crisis in 2008. China has cut banks’ reserve-requirement ratios three times since November as its economy grew at the slowest pace in almost three years last quarter. The ratio may cut once more, Xinhua said this week. The government is also considering whether to cut interest rates “prudently,” Xinhua reported.

Japanese stocks fell, sending the Topix Index to its longest weekly losing streak since September 1975, after China’s manufacturing and U.S. economic data missed estimates, adding to concern the world’s two largest economies are slowing. The Topix slipped 1.5% while the Nikkei 225 Stock Average dropped 1.2%.

US stock futures fell, indicating the Standard & Poor’s 500 Index will drop for a third day, after China’s manufacturing growth slowed to the weakest pace this year and investors awaited the non-farm payrolls report.