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European shares dip in last trading session of September; autos stocks down 3%

People walk along London Bridge past the City of London skyline.

LONDON — European stocks started the week and the final trading session of September on Monday in negative territory.

The pan-European Euro Stoxx 600 slipped 0.12% in early deals with auto stocks the biggest laggards, down over 2%.

The lackluster start for European markets comes after the pan-European Stoxx 600 index closed at a fresh record high on Friday, as stocks got a boost from China's announcement last week of a range of stimulus measures that aim to boost the economy.

Overnight in the Asia-Pacific region, stocks in mainland China spiked over 6% while Japan's Nikkei 225 tumbled 4.64%, as investors assessed key economic data from the two countries.

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