Analysts believe that the travel ban will lead to a slowdown in economic activity.
European markets fell to a near four-year low on Thursday as investors worried about severe restrictions on entry to the United States imposed by President Donald Trump in an attempt to curb the rapid spread of the coronavirus.
The benchmark STOXX 600 index fell 6.3 percent. The decline is the sixth day in a row.
“Travel restrictions mean a slowdown in economic activity, and if before you had to be persuaded to sell your shares, now the invitation has fallen from the sky,” said Stephen Innes, chief global markets strategy analyst at Axicorp.