Major European stock indices fell sharply, and French bank stocks were suspended from trading at the opening

The major European stock indexes opened with a sharp decline. The European Stoxx 50 index fell 6.2%, the German DAX index fell 7.1%, the UK FTSE 100 index fell 4.1%, the Italian FTSE MIB index fell 7.4%, and the Spanish IBEX35 index fell 4.9%. In addition, French banking stocks were suspended at the opening, and the French CAC40 index fell more than 2% at the opening.