Odaily Planet Daily News: U.S. stocks opened, with the Dow Jones Industrial Average falling about 280 points, the Nasdaq Composite Index falling 0.85%, and the S&P 500 Index falling more than 1%. Bank stocks fell sharply, with First Republic Bank (FRC.N) down 67%, Alliance Western Bank (WAL.N) down 75%, PacWest Bancorp (PACW.O) down 37%, Credit Suisse (CS.N) fell more than 8%. Among them, First Republic Bank (FRC.N) was suspended from trading and fell 67% at opening, the largest drop on record. (Golden Ten)