European Stocks Decline on Weak US Jobs Data; Novo Nordisk Falls

European stocks fell as sentiment took a hit from weak US jobs data, with investors also tracking a busy slate of earnings and key interest-rate decisions. Novo Nordisk A/S dropped as a US competitor plans to offer cheaper copies of its new weight loss pill.

The Stoxx Europe 600 Index fell 1% at the close. Miners were among the biggest laggards after a steep drop in silver prices, while Glencore Plc sank 7%, the most since April, after Rio Tinto Plc abandoned merger talks. Auto stocks and banks also fell sharply. Technology and media shares outperformed.